Pace tunes into New Zealand with TV contract

PACE has undergone significant change over the past year as chairman Allan Leighton and chief executive Mike Pulli overhaul the set-top box maker.

Mr Leighton, former Asda chief executive, was called in to conduct a strategic review of Pace in June last year after a series of profits warnings.

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Chief executive Neil Gaydon and finance director Stuart Hall were the highest- profile casualties of the revamp.

The review prioritised transforming the group’s core economics to improve profits, building on its position as a world-leader in payTV hardware, and widening out into software, services and integrated solutions.