Shareholders whack boardroom glass jaw

Shareholders whack boardroom glass jaw
The shadow of Bruce Sheppard's memory looms large over local annual meetings. (Image: Getty)
Paul McBeth
It’s easy to feel sympathy for dumped Metro Performance Glass director Graham Stuart. Usually, the smoke signals are strong enough for directors to take their cue and quietly withdraw from an annual meeting vote. Not so for Stuart, whose exit became clear within the first three minutes of Tuesday's annual meeting when chair Peter Griffiths stood up and told the firm’s owners that the independent director wouldn’t be back for another term. LandslideWhat’s even more staggering is the size of the vot...

More Markets

NZ sharemarket drifts flat as Fed decision looms
Markets Market Close

NZ sharemarket drifts flat as Fed decision looms

The S&P/NZX 50 Index closed down 0.05% or 6.5 points.

Tom Raynel 17 Sep 2025
If Māui closes, Methanex's future is murky says Fuge
Markets

If Māui closes, Methanex's future is murky says Fuge

A constant state of unease is needed in the energy sector says Contact boss.

Ian Llewellyn 17 Sep 2025
Phasing out $6b capital layer unlikely to dent banks’ ratings
Finance

Phasing out $6b capital layer unlikely to dent banks’ ratings

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

Andy Macdonald 17 Sep 2025
The 'little thing' Infratil brings to its investments
Infrastructure

The 'little thing' Infratil brings to its investments

CEOs may not like it, but the returns are undeniable.