Geoff Hunt, the long-standing chief executive of trans-Tasman telecommunications and broadcast engineering company Kordia has left the state-owned enterprise.
Hunt lost his job after the position of group chief executive was removed.
Kordia's Australian and New Zealand heads were asked to report directly to the company board together with the newly appointed group chief financial officer, Shaun Rendell.
The Australian arm of Kordia, recently awarded a $90 million deal by Australia Pacific LNG to build a network, will continue to be led by Peter Robson, while New Zealand will be managed by Scott Bartlett, the former head of the company's ISP, Orcon.
Kordia's group communications and brand manager Emma Morrison confirmed to iTnews that the position had been made redundanyt
Hunt joined Kordia's predecessor THL Group in 2005 and is credited for lifting revenues to NZ$400 million (A$318.40 million), mainly through a focus on services and newly acquired customers, and creating a record profit of NZ$12.2 million (A$9.7 million) in 2012.
Kordia underwent substantial restructuring last year and there is more to come, the company told stakeholders.
Kordia's discrete engineering and field services division, Kordia Solutions New Zealand, will be merged into to Kordia New Zealand.
Morrison said there will be no job losses attributable to the merger.