UPDATE: Fletcher directors enjoy pay rise as earnings fall

Wed, 21 Aug 2019

(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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