Synlait chair exits, debt crunch remains

Forsyth Barr senior analyst Matt Montgomerie says Simon Robertson’s resignation is curious timing. (Image: Synlait)

Tue, 24 Oct 2023

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...

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