Article – BusinessDesk

Feb. 9 (BusinessDesk) – Infratil founder, Wellington identity and national flag campaigner Lloyd Morrison has died after a battle with cancer, aged 54.

Infratil founder Lloyd Morrison dead at 54

Feb. 9 (BusinessDesk) – Infratil founder, Wellington identity and national flag campaigner Lloyd Morrison has died after a battle with cancer, aged 54.

Morrison was as much known for his support for public causes, including changing the national flag, pursuing a clean-tech future for the New Zealand economy and his part in rescuing the Wellington Phoenix football franchise as he was for establishing the NZX-listed specialist infrastructure owner Infratil.

At the time of his death, he was still a director of Infratil, which he founded in 1988, but had handed over the chief executive’s role to former senior Telecom manager Marko Bogoievski, who confirmed Morrison’s death to BusinessDesk.

In a statement to the NZX, chairman David Newman described him as a “truly passionate New Zealander.”

The staunchly loyal Wellingtonian, whose business empire stretched to regional airports in the UK and Europe, was diagnosed with acute myeloid leukaemia three years ago.

Under his leadership, Infratil became a Top 50 stock on the NZX, with assets including stakes in Z Energy, Wellington’s airport and bus company, TrustPower, and an energy portfolio in Australia.

Fairfax Media reports he was in the United States, attending a cancer treatment centre.

Morrison was made a Companion of the New Zealand Order of Merit in 2009, the year he was diagnosed with leukaemia.

(BusinessDesk)

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