NZSA says PFI should look at replacing long-serving directors

Mon, 29 Apr 2019

By Jenny Ruth April 30 (BusinessDesk) - Property for Industry should think about replacing a couple of very long-serving directors, the New Zealand Shareholders’ Association says. “During the year, Peter Masfen, a long-serving director and chair, retired and was replaced as chair by Anthony Beverley, who was appointed to the board in 2001,” NZSA says in its advice to members on how it will vote the proxies it receives ahead of the PFI annual shareholders’ meeting. “We note that Humphry Rolleston was appointed to the board in 1994,” NZS...

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