New Zealand Cricket chairman Chris Moller has apologised to Ross Taylor for the manner in which the team's captaincy changeover played out, but he said there was no need for heads to roll over the saga.

Brendon McCullum replaced Taylor as captain in all formats last week after Taylor declined an offer to stay on as leader in Tests only, and the way the captaincy issue was handled left Taylor feeling disaffected enough to sit out of the upcoming tour of South Africa. Much of the tension surrounded the relationship between Taylor and the coach Mike Hesson, who recommended changes in the limited-overs leadership.

"The board has reviewed all aspects of the captaincy issue and wishes to publicly place on record its apologies to Ross Taylor and his family for the manner in which events have unfolded," Moller told a press conference in Wellington on Wednesday.

Moller also said that "additional material" on the captaincy saga had come to light and would be reviewed by NZC. However, he said there was no need for any sackings over the messy way the changeover was played out in the public.

"No heads are going to roll," Moller said. "here were no hanging offences in all of this. Yeah, the ball's been dropped, absolutely. Could we have done things better? Absolutely. Are we going to learn from those mistakes? Well we hope so. Is there any reason for anybody to have their heads taken off? No, and that is a decision the board has made."