The outgoing board chair and chief executive were both given the respective position at Land Transport New Zealand.
[4] Transfund had its head office in downtown Wellington in BP House located at 20 Customhouse Quay,[5] which was demolished after the 2013 Seddon earthquake.
[7][9] Early in 2014, Stubbs was promoted to be chairman of Transit New Zealand,[10] and his deputy Jan Wright succeeded him as chairperson in February 2004.
[12] Transfund's founding chief executive was Martin Gummer, who started in February 1997 and left in October 2002 to go to the Auckland Regional Transport Network Limited.
[18] The enabling legislation for this merger was the Land Transport Management Amendment Act 2004, which came into force on 1 December 2004.