'Cleansing in the washing machine': NZME board battle could be nearing the end

'Cleansing in the washing machine': NZME board battle could be nearing the end
Potential NZME board replacements include Simon West, Des Gittings, John Lewis, Adam Hoydysh and Philip Crump. (Image: NZME)
Rebecca Stevenson
NZME’s proposed new board is taking shape with expectations that investor Jim Grenon will embrace a nominee from a competing shareholder proposal and ease concerns about a board purge by bringing on media boss Michael Boggs. BusinessDesk understands NZME shareholder Grenon has increased support for his board coup to more than 50% and is adamant the existing board depart, despite hopes a compromise deal could be met to avoid a public showdown and to provide continuity. Insiders told BusinessDesk that NZME chair Barbara Chapman an...

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