Fletcher Building board will be down to five with Rob McDonald accelerating his exit

Fletcher Building board will be down to five with Rob McDonald accelerating his exit
Fletcher director Rob McDonald joined the board with Doug McKay and will now leave it with him. (Image: Contact Energy)
Rebecca Stevenson
Fletcher Building director Rob McDonald will exit the building conglomerate at the end of June, along with Doug McKay. The company said on Monday that McDonald had told the board he had decided to step down on June 30, “in the interests of facilitating the acceleration of board renewal”. The Contact Energy chair is leaving Fletcher's board with Vector chair McKay. McDonald had been slated to stand down from the Fletcher Building board at the firm’s annual meeting in October. On June 18, Fletcher director Mar...

More Markets

Robust update from Tauranga Port perks up NZX
Markets Market close

Robust update from Tauranga Port perks up NZX

Numbers hide 'a lot of paddling' going on under the surface. 

Graham Skellern 25 Oct 2024
Jarden upgrades Michael Hill ahead of Christmas
Finance

Jarden upgrades Michael Hill ahead of Christmas

Since a Wednesday trading update, company's shares have risen 9%.

Gregor Thompson 25 Oct 2024
NZ Windfarms buys NZ's oldest windfarm
Infrastructure

NZ Windfarms buys NZ's oldest windfarm

Bottom end of ebitdaf guidance is $1.5m higher than previous estimate.

John Anthony 25 Oct 2024
FMA takes a drubbing from stakeholders
Finance

FMA takes a drubbing from stakeholders

Minor offences are said to be prioritised over poor broking house behaviours.

Pattrick Smellie 25 Oct 2024