Chorus plan to add director to boost capability in changing landscape

Wed, 29 Oct 2014

By Paul McBeth Oct. 29 (BusinessDesk) - Chorus, the regulated telecommunications network operator, wants to add another independent director to its board to enhance its capability in what's become a vastly different landscape in just three years. Shareholders today voted on whether to approve a lift in the pool for directors' fee to $1.1 million from $980,000, which was set in 2012 when Chorus was carved out of the then-dominant telecommunications company, Telecom Corp, which has since rebranded as Spark New Zealand. Chair Sue Sheldon tol...

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