Former chief executives of two Queenstown Lakes District
Council-owned companies received one-off payments totalling
$85,000, the companies' final financial statements show.
The final financial reports for Lakes Environmental Ltd show
its former chief executive Hamish Dobbie, who resigned
suddenly in April, was given a $55,000 severance payment,
''representing the equivalent payment to that set out in the
contractual notice period''.
At the time of his resignation a request from the Otago
Daily Times for details of Mr Dobbie's payout were
declined by council chief executive Adam Feeley ''for reasons
of personal privacy''.
In April Mr Feeley said Mr Dobbie's remuneration package
included a 10% at-risk component based on ''performance
criteria'' and the board awarded 75% of the at-risk
The company's financial statement shows in the year ended
June 30, 2012 five employees received remuneration and other
benefits of more than $100,000.
Mr Dobbie's remuneration was between $260,001 and $270,000.
In the financial year ended June 30, 2013, six employees
received more than $100,000, the highest earner receiving
between $350,001 and $360,000 per annum.
Acting chief executive Peter Laurenson, who is married to
Queenstown Lakes mayor Vanessa van Uden, earned between
$130,001 and $140,000 after his appointment on April 15.
Fiona McKissock, the former chief executive of Lakes Leisure,
received a one-off payment of $30,000 following her
resignation in August last year. It is understood Ms
McKissock earned between $150,000 and $160,000 per annum.
• A range of projects and facilities could benefit from $3.2
million transferred from Lakes Leisure Ltd to a reserve fund
held by the Queenstown Lakes District Council.
At the council's finance and corporate committee meeting
yesterday, the final annual reports for Lakes Leisure and
Lakes Environmental Ltd were presented by chief financial
officer Stewart Burns.
Both companies were disestablished this year following an
Within the Lakes Leisure deed, a clause stated any net assets
held by the company at the time of disestablishment were to
be used for ''charitable purposes''.
Mr Burns said under law the definition included the release
of property, advancement of education, religion or any other
matter benefiting the community.
That could include water and waste water, roading, transport,
community facilities and cultural facilities.