Who Fletcher's acting CEO Nick Traber called in his first days

Fletcher Building’s acting chief executive officer Nick Traber. (Image: NZME)

Fri, 12 Apr 2024

Fletcher Building’s acting chief executive officer Nick Traber has spoken to major shareholders as he strives to rebuild confidence in the embattled construction giant. Traber was appointed to Fletcher’s top job on March 29, taking over from Ross Taylor who brought forward his retirement after shareholders demanded accountability from Fletcher’s executive and board for a series of financial and management missteps. On April 5, long-serving chief financial officer (CFO) Bevan McKenzie also succumbed, joining Tayl...

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John Penno quits Synlait board as George Adams elected chair

Synlait Milk co-founder John Penno has quit the company’s board, and George Adams has taken over as chair.The debt-laden milk processor told the New Zealand stock exchange (NZX) on Wednesday that Adams, who joined the board in March as an independent director, would take over fro...

Riley Kennedy 9:15am