Infrastructure Analysis

No, Fletcher chair Bruce Hassall shouldn't resign over Gib shortage

Jenny Ruth
Tue, 21 Jun 2022

No, Fletcher chair Bruce Hassall shouldn't resign over Gib shortage
Jarden analyst Grant Swanepoel said Fletcher's performance is improving. (Image: Jarden)
Jenny Ruth
Tue, 21 Jun 2022
Should Fletcher Building chair Bruce Hassall resign because of the Gib plasterboard shortage or because he failed to apologise for the situation, asked Jarden analyst Grant Swanepoel, dismissing that as grounds for Hassall to fall on his sword.“Should any company be expected to hold excess capacity for a short period of time when demand is way outstripping a normal demand pattern?” Swanepoel said.Far from abusing its position of having a 95% share of the market, Fletcher decided to invest in a new Gib plant in Tauranga, Swanepoel sa...

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