Marshall resigns from My Food Bag board

The private equity director who helped take My Food Bag public on the New Zealand Stock Exchange (NZX) will step down from the meal-kit company’s board in August. Chris Marshall joined My Food Bag’s board in 2016 after his private equity firm, Waterman Capital, bought a stake in the business.Waterman still holds a 15.7% stake in the company, but those shares were released from restrictions when My Food Bag reported full-year earnings last month. When the company went public, Waterman Capital and the other large shareholder...
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