WELLINGTON: Steve Tew will step down as New Zealand Rugby CEO at the end of 2019 after a 12-year tenure highlighted by four World Cup titles and a massive increase in revenues.
"I've always been a great advocate for challenging convention and keeping New Zealand Rugby fresh and invigorated, whilst always encouraging our people to grow and extend themselves," said Tew."It has been a great privilege to hold this position and I'm grateful for every day that I have experienced.
New Zealand's Super Rugby teams have claimed six of the last seven championships in the mainly southern hemisphere competition, with the Canterbury Crusaders favoured to win a third in succession in coming weeks.The former Canterbury CEO had to announce a record NZUS$15.9 million loss for 2009 after investments went sour amid the global financial crisis.
The organisation has proved flawless at running major events, however, with Tew overseeing New Zealand's successful hosting of the men's 2011 World Cup and the lucrative British and Irish Lions tour in 2017.
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