New CEO for Onesource

Kerry Finnigan, chief excecutive officer of Onesource’s parent Hanover Group Ltd says that while there had been a delay in replacing the previous CEO, “we believe the wait has been well worth it.”

Johnson is the former Managing Director of Fuji Xerox New Zealand.

Describing Johnson as an ‘industry leader”, Finnigan says his appointment was “an absolute coup” for Onesource and Hanover, Mr Finnigan said.

Onesource, with its business services and financing focus, was one of the key components of Hanover’s growth strategy and it had major plans for the company for 2004.

Johnson’s appointment coincides with a recent decision by Onesource and its flagship brands, U-Bix, and Cogent to refocus on core business, with a primary assault on the high volume and colour document market.

“The colour market has been developing over the last decade, but demand has really taken off in the last year driving a massive growth curve in that market,” Mr Finnigan said.

“While we still support the broader office technology solutions concept with fully integrated end to end packages and products, that model applies primarily to larger organisations. The new focus puts the emphasis firmly on the core businesses of multi-function photocopiers, telecommunications, servicing and finance solutions relevant to all NZ companies.

Johnson, who officially joins Onesource on April 13, says he looks forward to heading a company which has such a strong commitment from its parent, Hanover.

“I have always wanted to work for a New Zealand owned company. I am looking forward to having the opportunity to meet the needs of New Zealand organisations with the speed and agility that comes with local ownership and without the constraints or distractions of an overseas parent company.”

“Onesource is well-funded and supported by the parent, which gives both the U-Bix and Cogent businesses huge market potential. This coupled with the current push by KonicaMinolta into the larger end and colour copier-printer markets, where they are achieving technological advantage and recognition, suggests we will make some major market inroads in 2004.”

Onesource has a turnover of $115 million and 550 staff. In addition to Konica, Onesource’s brands include OCE, Oki, Hewlett Packard, Nortel, Samsung and NEC.

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