Fletcher Building director Cathy Quinn: 'I take my share of accountability'

Fletcher Building director Cathy Quinn: 'I take my share of accountability'
Cathy Quinn was the only long-serving director facing the vote in Auckland. (Image: Dean Purcell)
Rebecca Stevenson
Fletcher Building director Cathy Quinn says the building giant’s board hadn't met shareholder expectations and she takes her share of accountability. Quinn joined the Fletcher board in 2018 and is one of four remaining directors.On Wednesday, she faced up to unhappy Fletcher shareholders and made her pitch to be re-elected at the annual general meeting.Quinn said she had joined the board in 2018 to be part of a turnaround story. That had not happened, and as such, she still had a job to do. “I am not a quitter,”...

More Markets

NZX 50 dips despite Fletcher Building's 4.6% gain
Markets Market Close

NZX 50 dips despite Fletcher Building's 4.6% gain

Pacific Edge shares gained after it said it got a step closer to Medicare approval.

ANZ agrees to record A$240m fine for widespread misconduct
Markets

ANZ agrees to record A$240m fine for widespread misconduct

ANZ has agreed to pay the largest penalty its Australian regulator has ever issued an entity in one go, due to failings in the bank’s dealings with both the Government and its retail customers.ANZ and the Australian Securities and Investments Commission (ASIC) will ask the Federa...

Trade Window looks to boost profile with ASX listing
Markets

Trade Window looks to boost profile with ASX listing

Trade Window is moving to broaden its investor base with a secondary listing in Australia.The Auckland-based trade software firm said on Monday that with its secondary listing, it was pursuing "the goal of increasing its profile among the broad pool of investors across the Tasman...

Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.