Wellington-based economics consultancy Infometrics has announced that chief executive Brad Olsen will resign from his position to concentrate on his role as principal economist. Olsen, who has held the CEO role since February 2023, will be succeeded by Gareth Kiernan, who will take on the acting managing director role while maintaining his responsibilities as chief forecaster. Kiernan has been with Infometrics since 1999, previously serving as managing director in 2006 and operations director in 2014. Infometrics board chair Chris Whelan praised Olsen for his contributions and energy during his leadership, expressing gratitude for his efforts and looking forward to continued collaboration in the company’s strategic initiatives.
Why It Matters
The leadership change at Infometrics highlights the firm’s commitment to maintaining a robust economic forecasting capability in New Zealand. Infometrics has been a significant player in providing economic analysis since its establishment, influencing various sectors with its insights. The appointment of Kiernan, who has a long history with the organization, suggests continuity in its direction and strategic planning. Leadership transitions in economic consultancies can impact the quality and focus of their research, which is essential for businesses and policymakers navigating economic challenges.
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