COMVITA CFO Nigel Greenwood resigns


New Zealand-based Manuka honey producer Comvita has announced the resignation of CFO Nigel Greenwood amid the economic challenge period.

He resigned from his role and company on December 31, 2025, and the company said in a stock exchange application released today (June 23).

Comvita, who began working at Comvita in 2020, described Greenwood as a “pivotal member of the executive team” and managed the group’s financial strategy, investor relations and corporate services.

For the remainder of his term, Greenwood continues to support the company during his 2025 audit, “focusing on strengthening key financial functions” especially in “critical” markets in Southeast Asia and China, Comvita said.

The honeymaker did not disclose the reason for Greenwood’s departure.

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“We are pleased to announce that Bridget Coates’ Chairman: “On behalf of the board and the entire Comvita team, I would like to thank Nigel for his important contributions. His experience in financial, commercial, key sectors and listed companies.

“We are grateful for his commitment to supporting Comvita through the transition to new leadership. We hope he is the best for his future.”

Greenwood’s resignation follows the company’s announcement last week “Materials” impairment costs The 2025 fiscal year ends this month.

In a transaction update issued on June 16, Comvita said it would “assess the level of non-cash damage to assets and assess the availability of inventory for inventory.”

Excluding this obstacle, we expect a net loss of between $20 million ($12.1 million) and $24 million.

Last week, Comvita said, “We continue to operate in a challenging global environment, and ongoing market volatility will impact our revenue and margin realization.”

Revenue is expected to be “a slight decline” from NZ $204.3M recorded in 2024.

Total margins are expected to decrease due to “active pricing and channel load by competitors.”

Despite these challenges, Comvita is targeting annual cost savings of $15 million starting at NZ$20 million.

However, the company reduced its full-time staff to 70 staff.

“comvita cfo nigel greenwood to jedign” was originally created and published Just fooda brand owned by GlobalData.


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