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TRT announce major ownership changes for first time in 56 year history

New Zealand manufacturing company Tidd Ross Todd Limited (TRT) have announced that Engineering and Technical Director Robert Carden will step down.

The first of its kind in the 56 years since TRT was formed, Robert will also be resigning from his role as a director and as a TRT employee.

“Five and a half years ago I joined TRT not just because it made a quality product and delivered exceptional support and service, but because of its people,” said COO Lawrence Baker.

“I was given the opportunity to work with Bruce and Robert Carden on the executive team and it has been my absolute privilege to have worked with them both, I have learned a lot from the Carden’s during this time. I would like to thank them for this opportunity.”

To fill the void whilst retaining the same set of values, Robert’s brother, Bruce, and his family have taken over Robert’s shares in the business, giving Bruce Carden 100% control of the business in addition to his role as Director of Sales and Innovations.

Other hierarchical changes include Neil Webb being appointed new investment partner and 20% shareholder of TRT’s Australian operations at the back end of 2022.

“With over 29 years of experience, extensive networks, and immense capabilities right across the industry,” said Bruce, “Webb has demonstrated notable success, taking TRT from strength to strength.”

“The changes in New Zealand are also seen as an opportunity for the future. TRT was created by the innovative ingenuity and relentless hard work of its founders and I’m still very energised and motivated to pursue the legacy that started 56 years ago.”

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