5. People on the move this week

The big people moves in the political economy included Labour's Andrew Kirton, Fletcher Building's Ralph Norris, Synlait's John Penno, TradeMe's Jon Macdonald.

Labour Party President Nigel Haworth announced last Friday afternoon that Party General Secretary Andrew Kirton would be leaving in August to join Air New Zealand in an unspecified role.

Kirton, who was Labour's campaign manager, is expected to take up a government relations role with Air New Zealand. The current head of Government relations, Duncan Small, is married to National List MP Nicola Willis.

Hard on the heels of appointing a new CEO and announcing massive losses, Fletcher Building's retiring chairman Ralph Norris announced former PwC CEO and current Fonterra director Bruce Hassall would become the chairman of Fletcher Building. Norris also announced four new directors, former ASB CEO Barbara Chapman, former Air NZ CFO Rob McDonald, former Lion Nathan CEO Doug McKay, and former MinterEllisonRuddWatts chair Cathy Quinn.

Trade Me CEO Jon Macdonald announced he would step away from the company in about six months after more than a decade as CEO. Macdonald started at Trade Me when it had 15 staff in 2003. Chairman David Kirk announced a global recruitment process for a new CEO.

Synlait announced it had appointed Fonterra’s Managing Director of Fonterra Brands New Zealand, Leon Clement, as its new CEO from mid-August to replace John Penno, who announced in November he would step down.