MEDIA RELEASE
12 November 2024
Wakatū CEO Kerensa Johnston steps down; new CEO appointed
Wakatū Incorporation has today announced the resignation of Tumu Whakarae (Chief Executive Officer) Kerensa Johnston, effective 20 February 2025.
Wakatū Board Chair Johnny McGregor said Ms Johnston’s achievements during her eight years in the role were too numerous to list, but acknowledged her leadership through Covid, her strong focus on developing people, her love and care for the whenua and her success in leading Wakatū to a position of financial sustainability, with a clear roadmap for the future.
“Under her care and guidance, we’ve overcome significant challenges and achieved many milestones,” he said. “Her impact on our organisation and the legacy she leaves cannot be overstated.”
Ms Johnston said Wakatū had provided the most significant and rewarding years of her career. “It has been a huge privilege and responsibility to lead our organisation and drive its focus on the wellbeing and economic development of our people, whenua and region. It’s time now for someone new to bring a fresh perspective and renewed energy.”
Going forward, she said she will now be turning her full focus to supporting kaumātua Rore Stafford and his Te Here-ā-Nuku working group to finally resolve the Nelson Tenths litigation against the Crown.
Joe Hanita appointed CEO; transition plan in place
The Wakatū Board has appointed Wakatū Chief Financial Officer and General Manager Corporate Services Joe Hanita as Ms Johnston’s replacement, effective 21 February 2025.
Mr McGregor said Mr Hanita was an exceptional and experienced Chief Financial Officer, a trusted and respected leader, and a member of the whānau.
“He values service to others, meaningful relationships and the wellbeing of people alongside our organisation’s strong economic performance.”
Mr McGregor said Wakatū was fortunate to have succession planning at its heart, and there was a full and carefully planned transition programme in place to support the change.
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