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Trust Tairawhiti Reports $16M Pay, $10M in Grants

10/18/2025

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Summary

Story summary

Trust Tairawhiti reported total remuneration of $16.02 million for 58 employees, including long-term incentives, after selling Eastland Generation to Obayashi Corporation.
The highest-paid employee earned between $3.4 million and $3.409 million, ranking ninth among New Zealand CEOs for the 2024 financial year.
Trust Tairawhiti distributed $10 million in grants to community groups in 2025.
This follows a May 2024 report on the restructuring of Eastland Group into a holding company after significant asset sales and the departure of CEO Matt Todd.

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Story summary

Trust Tairawhiti reported total remuneration of $16.02 million for 58 employees, including long-term incentives, after selling Eastland Generation to Obayashi Corporation.
The highest-paid employee earned between $3.4 million and $3.409 million, ranking ninth among New Zealand CEOs for the 2024 financial year.
Trust Tairawhiti distributed $10 million in grants to community groups in 2025.
This follows a May 2024 report on the restructuring of Eastland Group into a holding company after significant asset sales and the departure of CEO Matt Todd.