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2degrees CEO Killed in Plane Crash

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New Zealand based mobile network, 2degrees has confirmed that a fatal plane crash that occurred on Saturday was owned by the company's CEO, Eric Hertz and his wife Kathy.

Mr Hertz, 58, and his wife were flying to visit their daughter on Saturday. During the flight he reported engine trouble to the authorities and was forced to ditch the plane into the sea off the Waikato coast. The aircraft is reported to have hit the water at high speed.

The New Zealand navy is conducting a search of the area to recover the plane and the bodies, but has warned that the depth and location make recovery difficult.

Director of Corporate Affairs Mat Bolland says the company is providing all support possible to Eric and Kathy's daughter and keeping their families in the US informed of the progress of recovery.

Eric joined 2degrees in 2009, from leading a mobile app company 'Zumobi' in the US and had an extensive telecommunications career spanning more than 30 years and six countries.

Mr Bolland says 2degrees Chairman Stewart Sherriff and the Board are working with the company's management to ensure business continuity.

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Tags: 2degrees  eric hertz  New Zealand