Metro Performance Glass tries not to crack under shareholder outrage

Metro Performance Glass tries not to crack under shareholder outrage
CEO Simon Mander said management forecasts for AGG in the 2024 financial year were for A$79m (NZ$85m) in revenue. (Image: BusinessDesk)
Ella Somers
Fuming shareholders jostled to give their two cents' worth on the future of Metro Performance Glass at its annual meeting on Tuesday, while director Graham Stuart – who was up for re-election – was voted off the board.Not even five minutes into Metroglass’ annual meeting, chair Peter Griffiths told the room that 83.9 million votes with the shares on issue had been cast and the re-election of Graham Stuart wouldn’t be successful. By the end of the meeting, 84m votes had been cast on Stuart’s re-el...

More Markets

NZ sharemarket up 0.4%; Hallenstein CEO resigns
Markets Market Close

NZ sharemarket up 0.4%; Hallenstein CEO resigns

The S&P/NZX 50 Index closed at 13,133.16, up 62.71 points or 0.48%.

Graham Skellern 02 Sep 2025
Hallenstein Glasson’s CEO resigns: Chris Kinraid leaves company in ‘strong position’
Markets

Hallenstein Glasson’s CEO resigns: Chris Kinraid leaves company in ‘strong position’

Hallenstein Glasson’s group chief executive has resigned.The company posted an announcement to the NZX from its chair on Tuesday afternoon, saying Chris Kinraid would step down effective from Friday.“The board ... has received, with sincere regret, the resignation of its group ch...

Staff reporters 02 Sep 2025
Being AI fined $50,000 over governance breaches
Markets

Being AI fined $50,000 over governance breaches

Being AI accepted full responsibility. 

Gregor Thompson 02 Sep 2025
Sky to Eroad: Ciara McGuigan takes CFO seat
Markets

Sky to Eroad: Ciara McGuigan takes CFO seat

Ciara McGuigan will take up the mantle as Eroad’s new chief finance officer from Tuesday.                     “[McGuigan is a] highly experienced CFO and has worked with New Zealand companies, and internationally, in the telecommunications and media sectors,” co-chief executive M...

Rebecca Howard 02 Sep 2025