Bradshaw retires after 17 years in MTF role

Angus Bradshaw
Angus Bradshaw
Motor Trade Finances managing director Angus Bradshaw has retired after deciding to do something else, the chairman of the Dunedin-based company, Stephen Higgs, said yesterday.

The company caught many by surprise on Friday by issuing a brief statement to the NZX advising Mr Bradshaw was leaving on November 30 after 17 years in the job.

Mr Higgs said Mr Bradshaw was of retirement age.

There was a suggestion Mr Bradshaw's retirement might open the way for Heartland Bank to renew its efforts to take over MTF as both work in motor vehicle finance.

A recent meeting of MTF shareholders endorsed the board and its action over a long-running court case. The meeting was called by disaffected shareholders.

Mr Bradshaw is one of the founders of Grasshopper Rock winery.


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