NZME hopefuls: the private equity players, legal eagle and retail guru vying to join the board

NZME hopefuls: the private equity players, legal eagle and retail guru vying to join the board
Two shareholders have put forward candidates to join the NZME board. (Image: NZME)
Rebecca Stevenson
Six names have been put forward as candidates to replace listed media company NZME’s current board of five. Jostling to join the board are four director nominees backed by private equity founder Jim Grenon. Two are backed by Californian investor Osmium. Both blocs contain shareholders. Grenon’s vehicle holds more than 9% of the NZ Herald and BusinessDesk owner, and Osmium holds more than 6.5% of the firm. Here’s a rundown of the nominees. The NZME shareholder meeting to determine whether they will join is set to...

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