Peace breaking out in NZME board coup

NZME chair-apparent Steven Joyce being interviewed in 2017 by the NZ Herald's Liam Dann (Image: NZME)

Tue, 06 May 2025

Peace appears close in the attempted board coup at news publisher NZME, with the largest single shareholder, Spheria Asset Management, backing the appointment of former National Party Cabinet Minister Steven Joyce as the company's new chair.With a 19% shareholding and having backed expatriate Canadian investor Jim Grenon's attempt to roll the entire current board, Spheria’s Matt Booker told BusinessDesk that Joyce “ticked all the boxes” for the role.Joyce, named on May 6 as the current NZME board’s preferred chai...

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