Steve Newman re-emerges at ERoad

Steve Newman re-emerges at ERoad
Steve Newman says he will be helping the technology committee. (Image: NZME)
Pattrick Smellie
The former ERoad chief executive whose unexplained resignation in April last year sent the company’s share price into freefall, will return as an adviser to the telematics company’s board.ERoad announced Steven Newman’s re-emergence this morning ahead of Friday’s annual meeting, at which shareholders will be briefed on the company's strategy as it fights off a takeover bid.ERoad’s board rejected a takeover bid mounted by Volaris, a subsidiary of Toronto stock exchange-listed Constellation Software on June 22, a...

More Markets

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025
Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Rebecca Howard 04 Jul 2025
Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Gregor Thompson 04 Jul 2025