Morrison Chief Executive Paul Newfield has been named the winner of the 2024 New Zealand Leadership Awards in the Large Business category.
The awards are billed as celebrating individuals who have made an indelible impact within their organisations, driving growth and change. Paul was nominated alongside the CEO of New Zealand’s largest bank and supermarket chain, as well as the CEO of an energy company.
Founded in New Zealand in 1988, Morrison has been a pioneer in infrastructure investing. Paul joined Morrison in 2008, becoming the Chief Investment Officer in 2016 and then the Chief Executive at the beginning of 2022. He is the driving force behind Morrison’s global investment strategy and has integrated sustainable investment into Morrison's investment philosophy. Under his leadership, Morrison has refreshed its leadership structure and global brand, modernising the company's culture and value proposition.
Dame Therese Walsh, Chair of Air New Zealand & ASB Bank, and a member of the Leadership Awards’ judging panel, described Morrison as a New Zealand success story. “Mr Newfield has maintained Morrison’s strong local presence whilst becoming a strong global player.
"Having a clear motivation to invest in ideas that matter has led to an investment portfolio which is tightly focussed and provides purpose and meaning to the Morrison team. A significant focus on the renewable energy sector has led to the company being involved in cutting-edge developments which will have a meaningful impact on the markets in which they operate.
"He has achieved a period of significant global growth by taking a careful, measured, and differentiated approach to chosen sectors in each market. Morrison’s large investment portfolio is impressive and of significant economic benefit to New Zealand.
"Mr Newfield is setting the company up for further global growth as the mission to be the best global infrastructure investor takes shape, underpinned by a global partnership model with the Kiwi spirit at its core."
As one of the world’s longest standing specialist infrastructure investors, Morrison currently has over USD 24 billion of assets under management, and with offices in Europe, the US, Asia, Australia, and its New Zealand headquarters.
