Terry Hay New Zealand
Terry Hay of New Zealand is a former Marine living in Honolulu, Hawaii. Terry Hay of New Zealand founded several companies during a successful business career. He started a health food distribution company, and another salad supply company, then retired. In 1996 he bought an existing flight catering business. Terry Hay of New Zealand sold it in 2008, and retired again.
Terry Hay New Zealand: Gate Gourmet Strengthens Presence in Oceania, Acquires Pacific Flight Catering
Gate Gourmet is the flagship brand of its parent company gategroup. Their recent expansion of acquiring Pacific Flight Catering is a part of the parent company’s mission to strengthen their core catering and in flight services. They believe that this will boost their onboard customer agreements overall.
Gate Gourmet is proud to be able to enter the New Zealand market at the Auckland Airport. With this acquisition, the company is able to serve international carriers such as Cathay Pacific, Malaysian Airlines, Air Tahiti Nui, Thai Airways, China Southern, and other international airlines. The Auckland facility is about seven thousand square meters and will be in good hands with Gate Gourmet.
The President of gategroup’s Airline Solutions Emerging Markets business, Herman Anbeek, believes that this acquisition benefits the goals of the company. The commitment previously made by gategroup is to provide menu designs and other onboard needs to airlines that are different and unique to their brand. The company choosing to strengthen their services in the Oceania market is a clear sign that they company knows well what direction they are going, and they are committed to this area. For instance, previously the gategroup sold its non-core cabin cleaning, de-icing and aircraft exterior washing assets in other countries. Not wanting to continue to offer services that are not their bread and butter, the company sold these assets to another provider that specializes in these services.
Terry Hay is the former owner of the recently Gate Gourmet acquired Pacific Flight Catering. He is proud of his company, one of the many that he has founded over time. The former owner is the founder and CEO of a variety of companies and is happy to be able to sell one of his companies to gategroup who will take care of the brand that Hay built it up to be.
Gate Gourmet is proud to be able to enter the New Zealand market at the Auckland Airport. With this acquisition, the company is able to serve international carriers such as Cathay Pacific, Malaysian Airlines, Air Tahiti Nui, Thai Airways, China Southern, and other international airlines. The Auckland facility is about seven thousand square meters and will be in good hands with Gate Gourmet.
The President of gategroup’s Airline Solutions Emerging Markets business, Herman Anbeek, believes that this acquisition benefits the goals of the company. The commitment previously made by gategroup is to provide menu designs and other onboard needs to airlines that are different and unique to their brand. The company choosing to strengthen their services in the Oceania market is a clear sign that they company knows well what direction they are going, and they are committed to this area. For instance, previously the gategroup sold its non-core cabin cleaning, de-icing and aircraft exterior washing assets in other countries. Not wanting to continue to offer services that are not their bread and butter, the company sold these assets to another provider that specializes in these services.
Terry Hay is the former owner of the recently Gate Gourmet acquired Pacific Flight Catering. He is proud of his company, one of the many that he has founded over time. The former owner is the founder and CEO of a variety of companies and is happy to be able to sell one of his companies to gategroup who will take care of the brand that Hay built it up to be.
Terry Hay New Zealand: Pacific Flight Catering Sold to Gate Gourmet
Gate Gourmet is the flagship brand of parent company gategroup. The company has been focused on expansion and becoming bigger in their markets, especially the New Zealand market. The company will be offering a full service catering and provisioning operation to specific aircrafts.
The Gate Gourmet upgraded its previous operation in New Zealand by acquiring catering provider Pacific Flight Catering. Previously, the Gate Gourmet was light in assets in New Zealand. The airlines that are operating at Auckland Airport have a great access to the customized catering that Gate Gourmet offers. The internationally recognized company is able to broaden their horizons for where their quality service is given.
Herman Anbeek, the Group SVRP and President of the Airline Solutions Emerging Markets business believe that the strengthening of the company’s offerings in the market of the Oceania will reinforce the commitment the company previously made to providing a menu that differentiates their brand from other brands. Their designs and provisions of other onboard needs will help their already strong brand continue to grow.
This particular expansion completed through acquiring Pacific Flight Catering continues parent company gategroup’s focus to heighten their number of core catering and in flight services. Their portfolio grows with the purchase of the company as they will serve companies like Fiji Airways, Malaysian Airlines, China Airlines, Thai Airways, and Jetstar amongst others. Their recent acquisition is clearly putting the company on the path that they want to be on with the business.
Terry Hay is the former owner of Pacific Flight Catering. He is happy to sell one of his companies to such an established group. Hay hopes that he success that he had as the founder of the company will continue as the brand is in the hands of Gate Gourmet and their parent company gategroup.
The Gate Gourmet upgraded its previous operation in New Zealand by acquiring catering provider Pacific Flight Catering. Previously, the Gate Gourmet was light in assets in New Zealand. The airlines that are operating at Auckland Airport have a great access to the customized catering that Gate Gourmet offers. The internationally recognized company is able to broaden their horizons for where their quality service is given.
Herman Anbeek, the Group SVRP and President of the Airline Solutions Emerging Markets business believe that the strengthening of the company’s offerings in the market of the Oceania will reinforce the commitment the company previously made to providing a menu that differentiates their brand from other brands. Their designs and provisions of other onboard needs will help their already strong brand continue to grow.
This particular expansion completed through acquiring Pacific Flight Catering continues parent company gategroup’s focus to heighten their number of core catering and in flight services. Their portfolio grows with the purchase of the company as they will serve companies like Fiji Airways, Malaysian Airlines, China Airlines, Thai Airways, and Jetstar amongst others. Their recent acquisition is clearly putting the company on the path that they want to be on with the business.
Terry Hay is the former owner of Pacific Flight Catering. He is happy to sell one of his companies to such an established group. Hay hopes that he success that he had as the founder of the company will continue as the brand is in the hands of Gate Gourmet and their parent company gategroup.
Terry Hay New Zealand - The Role of CEO
Chief Executive Officers is a functional position that every company has to have. There are duties that only the CEO can perform. They are different from the tasks expected of managers and owners, and they need to be done in order to serve the business's customers.
The Chief Executive Officer has the task of planning the long-term success of the company; to make sure that the company is healthy and profitable a year, two years, even five years down the road. For a lot of people the term "CEO conjures up images of a vast corporation, but even small companies need the kind of strategic planning that is the province of a Chief Executive Officer.
There are three main points that a CEO must consider for a business. One is the company's history. Business success is always welcome, but the CEO must consider past mistakes and see why they were made, and how they can be avoided in the future.
A CEO must also consider where the company is in the present. Managers who oversee a firm's day-to-day operations have a handle on this too, of course, but only from a limited perspective. The CEO needs to see it in context; needs to see the big picture: how the past informs the present and how the present will inform the future. And it is the vision of the future that is perhaps the most critical. Finding the answer to where a company is headed requires disciplined thinking and commitment.
Terry Hay of New Zealand is the founder of two companies and the owner of a third, and served as CEO for each.
Sources:
http://www.forbes.com/sites/jimblasingame/2014/01/06/whos-doing-the-ceos-job-in-your-small-business/
http://www.quora.com/Dont-people-feel-embarrassed-calling-themselves-a-CEO-of-a-small-company
The Chief Executive Officer has the task of planning the long-term success of the company; to make sure that the company is healthy and profitable a year, two years, even five years down the road. For a lot of people the term "CEO conjures up images of a vast corporation, but even small companies need the kind of strategic planning that is the province of a Chief Executive Officer.
There are three main points that a CEO must consider for a business. One is the company's history. Business success is always welcome, but the CEO must consider past mistakes and see why they were made, and how they can be avoided in the future.
A CEO must also consider where the company is in the present. Managers who oversee a firm's day-to-day operations have a handle on this too, of course, but only from a limited perspective. The CEO needs to see it in context; needs to see the big picture: how the past informs the present and how the present will inform the future. And it is the vision of the future that is perhaps the most critical. Finding the answer to where a company is headed requires disciplined thinking and commitment.
Terry Hay of New Zealand is the founder of two companies and the owner of a third, and served as CEO for each.
Sources:
http://www.forbes.com/sites/jimblasingame/2014/01/06/whos-doing-the-ceos-job-in-your-small-business/
http://www.quora.com/Dont-people-feel-embarrassed-calling-themselves-a-CEO-of-a-small-company
Terry Hay New Zealand - Gate Gourmet
Gate Gourmet provides a full range of catering services to the airline industry. Based in Zurich, Switzerland, the company is the biggest independent airline catering company in the world, serving both large and small airlines. The company started out as a food and beverage supplier, but has since expanded to cover the areas of in-flight entertainment, cleaning services, airplane maintenance, and other support.
The company purchased Pacific Flight Catering in 2013. Terry Hay of New Zealand had purchased Pacific Flight in 1996 and served as CEO until his retirement in 2008. "Pacific Flight Catering had some rough patches, like most catering companies in the field," he recalls. "But we always managed to make it through." By the time he retired, he had led the company out of its deficit into better profits and increased overall success.
For Terry Hay New Zealand, retiring was a difficult choice. He knew that he still wanted to be involved in certain company dealings. As such, he was made aware of the sale offer by Gate Gourmet early on in the process. "Gate Gourmet is the best of the best when it comes to airline catering, so we were very excited by the offer," he observed. He had guided Pacific Flight Catering to greater profitability during his twelve years of service, so it was hard for him to leave the company completely. He was grateful to be involved in the sale process, as he had many valuable insights that helped to formulate a decision on the offer.
Gate Gourmet and Pacific Flight Catering have already experienced mutual benefits from the sale. As for Terry Hay of New Zealand, he is able to rest easy knowing that his former company is now in good hands.
The company purchased Pacific Flight Catering in 2013. Terry Hay of New Zealand had purchased Pacific Flight in 1996 and served as CEO until his retirement in 2008. "Pacific Flight Catering had some rough patches, like most catering companies in the field," he recalls. "But we always managed to make it through." By the time he retired, he had led the company out of its deficit into better profits and increased overall success.
For Terry Hay New Zealand, retiring was a difficult choice. He knew that he still wanted to be involved in certain company dealings. As such, he was made aware of the sale offer by Gate Gourmet early on in the process. "Gate Gourmet is the best of the best when it comes to airline catering, so we were very excited by the offer," he observed. He had guided Pacific Flight Catering to greater profitability during his twelve years of service, so it was hard for him to leave the company completely. He was grateful to be involved in the sale process, as he had many valuable insights that helped to formulate a decision on the offer.
Gate Gourmet and Pacific Flight Catering have already experienced mutual benefits from the sale. As for Terry Hay of New Zealand, he is able to rest easy knowing that his former company is now in good hands.
Retirement Tricks
Below, our expert gives tips on how to have a comfortable retirement. For instance, if you don't have a monthly mortgage to make then that is a huge financial burden you don't need to worry about. Another option is to downsize, and live in a place where the cost of living is less than where you are now. The more you have saved for retirement, for example, the less income you're going to require afterward because you've got the money in the bank. Your living expenses may also go down if your kids have moved out on their own, and you're spending less on commuting to work every day, buying lunch every day, and so on. Or at least, they are ready psychologically. In reality there is an awful lot of planning that has to go into retiring. But there is some disagreement on that point; others say it is possible to retire comfortably on much less.
Most Americans look forward to the day that they can stop working and retire. Of course, certain issues need to have been addressed, and people's retirement income needs can vary a lot. Many retirement experts have long said that everyone needs to have about eight percent of their current income for retirement. It's a lot like when they were kids and looking forward to the last day of school, and entire summer of leisure waiting for them: the time when adults can clock out for the last time, and begin to use their time in the ways that they find the most desirable. Most people, when asked, say that they are ready to start their retirement right away. This is even more possible if you own your home outright and can sell it for top dollar in a seller's market. The bottom line is that you may need a less than eighty percent of your income at retirement.
Terry Hay New Zealand resident, retired early at the age of forty in 1987, founded a new business and bought another one, and retired again in 2008.
Most Americans look forward to the day that they can stop working and retire. Of course, certain issues need to have been addressed, and people's retirement income needs can vary a lot. Many retirement experts have long said that everyone needs to have about eight percent of their current income for retirement. It's a lot like when they were kids and looking forward to the last day of school, and entire summer of leisure waiting for them: the time when adults can clock out for the last time, and begin to use their time in the ways that they find the most desirable. Most people, when asked, say that they are ready to start their retirement right away. This is even more possible if you own your home outright and can sell it for top dollar in a seller's market. The bottom line is that you may need a less than eighty percent of your income at retirement.
Terry Hay New Zealand resident, retired early at the age of forty in 1987, founded a new business and bought another one, and retired again in 2008.