Infrastructure

NZSA, Simplicity call for Fletcher chair Bruce Hassall to resign

Jenny Ruth
Mon, 20 Jun 2022

NZSA, Simplicity call for Fletcher chair Bruce Hassall to resign
Chair Bruce Hassall took the helm in 2018 after massive losses. (Image: supplied)
Jenny Ruth
Mon, 20 Jun 2022
The New Zealand Shareholders’ Association and non-profit fund manager Simplicity are calling for Fletcher Building chair Bruce Hassall to resign and for all other directors to stand for re-election at the next annual shareholders’ meeting.The two organisations are also calling for independent reviews of Fletcher’s culture and risk, saying the company’s privileged position as the dominant player in its industry has led to an internally focused culture.They're also complaining about how highly paid the chair and direct...

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