NZME board play: Jim Grenon’s ‘extremist’ problem

One of only two circulating photographs of Jim Grenon (far left) in about 2012. (Image: Screenshot)

Tue, 25 Mar 2025

Now that NZME has finally released the full 11-page text of the letter to shareholders from James “Jim” Grenon, a much clearer view emerges of the Canadian expatriate who is leading what looks to be a successful boardroom coup.Grenon’s letter pulling apart NZME’s recent commercial performance appears to present a persuasive financial analysis that the NZME board will need to respond to in full and convincingly, if it is to turn the tide on a board shake-up. NZME – publisher of the NZ Herald and BusinessDesk &n...

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