Synlait chair exits, debt crunch remains

Synlait chair exits, debt crunch remains
Forsyth Barr senior analyst Matt Montgomerie says Simon Robertson’s resignation is curious timing. (Image: Synlait)
Rebecca Stevenson
Synlait’s independent chair Simon Robertson’s resignation after less than a year could be a sign of a rift in the ranks about how the company should work through its difficult debt situation, a fund manager says.Synlait told the Australian stock exchange (ASX) yesterday Robertson was stepping down immediately.Salt Fund Management’s managing director Matthew Goodson said Robertson’s experience as the former chief financial officer for Auckland International Airport meant he had a very useful skillset to tackle t...

More Markets

Trade Window looks to boost profile with ASX listing
Markets

Trade Window looks to boost profile with ASX listing

Trade Window is moving to broaden its investor base with a secondary listing in Australia.The Auckland-based trade software firm said on Monday that with its secondary listing, it was pursuing "the goal of increasing its profile among the broad pool of investors across the Tasman...

Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025