Steven Joyce in line to become new NZME chair under compromise deal

Steven Joyce in line to become new NZME chair under compromise deal
Steven Joyce. (Image: NZME)
Staff reporters
Former National Party Cabinet minister Steven Joyce is in line to be the new chair of media company NZME under a compromise deal between businessman Jim Grenon, other major shareholders and the company’s existing directors.NZME chair Barbara Chapman is reportedly preparing to step down from the role following a turbulent two months in which Auckland businessman Grenon – who owns 9.97% of the firm – called for a board overhaul, unhappy about the operational and financial performance of the company.As part of a co...