Steven Joyce, Jim Grenon join NZME board as Stuff deal casts shadow over shareholders' meeting

Steven Joyce, Jim Grenon join NZME board as Stuff deal casts shadow over shareholders' meeting
13% NZME shareholder and board disrupter Jim Grenon makes his pitch for election to the board. (Image: NZME)
Pattrick Smellie
NZME shareholders got to meet their company’s board disrupter, Jim Grenon, in the flesh for the first time at the company’s June 3 annual meeting.The normally publicity-shy Canadian investor, who described himself as “a bit of a ghost on Google”, started by making the point that the experience was new territory for him, despite a long career in corporate life in Canada and the United States.“I’ve never once had to pitch myself to the meeting in 50 years,” he said at an annual meeting that had been postp...

More Markets

NZ stocks end weaker, but Fonterra rallies sharply after deal
Markets Market Close

NZ stocks end weaker, but Fonterra rallies sharply after deal

Fonterra’s shares and units rallied while the broader market ended weaker.

Jamie Gray 22 Aug 2025
Sparks fly at Rakon meeting as Robinson eyes chair
Markets

Sparks fly at Rakon meeting as Robinson eyes chair

Robinson called for an extraordinary meeting to elect a “truly independent board”.

Gregor Thompson 22 Aug 2025
Stop raising bank capital ratios now, says competition report
Finance

Stop raising bank capital ratios now, says competition report

Select committee recommends an immediate end to increasing capital ratios. 

Pattrick Smellie 22 Aug 2025
'Pleasing for New Zealand': Market embraces Fonterra deal
Primary Sector

'Pleasing for New Zealand': Market embraces Fonterra deal

Deal “starts one of the most exciting phrases in Fonterra’s history,” according to chair.