Braid has earned a reputation within the market as a straight talker and one of the most effective NZX-50 bosses. Should it change? Pot vote has Oklahoma hungry to rake in green from Texas, How Ron DeSantis misreads Corporate America, Tesla recalls 3,470 Model Y vehicles over loose bolts, 3 big things in investing you might have missed this week, UPDATE 1-North Korea says US causing international arms control collapse. I feed off that and suppose the people in our business like seeing that and see it as an example and follow. Zac: Lets talk more about those weekly P&Ls. Wishing you the best in England and when you return to NZ. Weve sort of tucked on the back of some trials in Europe and in the States where they were running in threes and fours behind each other, all connected by a computer. If you trust your people, look after them and give them responsibility, theyll deliver. 5 November 2019 - Mainfreight's Don Braid has reinforced his reputation as one of New Zealand's most successful executives, being named Executive of the Decade at the 2019 Deloitte Top 200 Awards in Auckland tonight (5 December 2019).Mainfreight was also named Company of the Year, sponsored by Deloitte Digital and Marsh. As an example, we know what money weve made or lost last week in every single one of those 282 branches as of about half an hour ago. Don: Theres been lots of things actually, like electric forklifts, the use of solar power Heres a good example: in New Zealand weve never had time clocks. I will definitely be following the Mainfreight progress closely for when I return to NZ. "I probably wasn't qualified enough to go to university," Braid says. I might get a little bit wound up about stuff, a bit passionate about things, but I think you cant get so involved that you think about nothing else. It's interesting to note that Mainfreight allocates a smaller portion of compensation to salary in comparison to the broader industry. PO Box 65092, Mairangi Bay, Auckland, New Zealand, Top 200 : Deloitte/Management magazine Executive of the Year Don Braid Clear Vision. It is our strong belief that the momentum we have will continue, and will develop at a faster pace than we have experienced in the past, thanks to our people, our network and our culture. The long-term effects must be carefully studied. [3][4], When the company was founded it entered a highly regulated transport market. Talking in terms of the industry, salary represented approximately 91% of total compensation out of all the companies we analyzed, while other remuneration made up 9.3% of the pie. Group managing director Don Braid said it was a significant result for the Mainfreight family, achieved during a tumultuous time in the worlds history and with success in every one of the five regions the company operated. Group Managing Director at Mainfreight NZ . I dont see this as a job, so therefore the stress levels arent as strong. Zac: Can you share what some of the great ideas youve actually brought from overseas have been? Subscribe, 0.1 The Four Pillars of Governance Best Practice, 0.3 Corporate governance landscape in New Zealand, The second pillar - An effective governance culture, 2.3 Board architecture a charter for the board, 2.4 Board composition and succession planning, 2.5 Key competencies for non-executive directors, 3.6 Technology and information governance, 3.11 Employees holding external directorships, 4.4 Director shareholdings and insider trading, 4.16 The company secretary or corporate officer, Breakfast with Don Braid, Managing Director of Mainfreight Ltd.
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