Fletcher's largest shareholder backs board upheaval

Ross Taylor will help out interim CEO Nick Traber for a few months. (Image: NZME)

Tue, 26 Mar 2024

Fletcher Building’s largest shareholder says its leaders must demonstrate a willingness to take accountability for the building conglomerate’s poor performance. On Monday morning, the New Zealand stock exchange-listed (NZX) building giant said this would be chief executive officer Ross Taylor’s last week on the job. Taylor and former chair Bruce Hassall are exiting Fletcher Building after fierce pressure from shareholders for a string of financial hits, including repeated provisions for the SkyCity International Conventio...

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