The story behind Fletcher Building's acting CEO Nick Traber

Fletcher acting CEO Nick Traber pictured without a concrete truck, which he appears to have penchant for. (Image: Fletcher Building)

Rebecca Stevenson

Fri, 31 May 2024

There is so much change at the top of the Fletcher Building. Former chief executive Ross Taylor is no longer in the building, former chair Bruce Hassall couldn’t hang on until the building conglomerate’s annual meeting, and chief financial officer Bevan McKenzie is set to exit. Its balance sheet and debt profile were now constrained, with increased competition for building materials and a much weaker outlook, including for its Australian arm.Private equity was now reportedly not only circling the for-sale Australian plumbi...

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