Drums beating for Mark Cairns as Fletcher Building chair

The former Port of Tauranga CEO is in the running to become the new chair of Fletcher Building. (Image: Supplied)

Tue, 30 Apr 2024

Tue, 30 Apr 2024

The battle for control of struggling construction firm Fletcher Building is heating up, with several large shareholders reportedly throwing their support behind former Port of Tauranga chief executive Mark Cairns to become its next chair. The dual-listed giant has had a torrid year, posting a $120 million first-half loss and losing its chair, Bruce Hassall, and CEO, Ross Taylor – both of whom brought forward their resignations amid ongoing shareholder discontent. Chief financial officer Bevan McKenzie also resigned in the...

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