The man who died in Taupo yesterday when a car struck his bike was steel industry boss and Officer of the New Zealand Order of Merit, Nick Calavrias, of Wellington.
The 67-year-old was a well-known businessman and was made an Officer of the New Zealand Order of Merit in 2011 for services to business.
He was cycling along the Taupo bypass near his holiday home when the accident happened.
"In 1976 he founded Wellington Steel Ltd with two partners, and steered the business as it grew to employ more than 100 people," his investiture said.
"In 1990 it was bought by Steel & Tube Holdings Ltd, of which Mr Calavrias became chief executive the following year.