UPDATE: Fletcher directors enjoy pay rise as earnings fall

UPDATE: Fletcher directors enjoy pay rise as earnings fall
Jenny Ruth
(Updates share price in fourth par, updates with further details from 7th par) By Jenny Ruth Aug. 21 (BusinessDesk) - Fletcher Building’s managing director and other directors have all enjoyed pay increases despite the company’s earnings from core operations mostly falling and a precipitous drop in the share price. Ross Taylor’s base pay went up $50,000 to $2.05 million and he was provided with $106,503 of other benefits including KiwiSaver and medical insurance premium payments. Taylor was also granted $1.1 million as a short-term...

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