JENNY RUTH: When do directors get too long in the tooth?

Mon, 17 Aug 2020

Don Braid takes the issue personally, saying complaints that some directors have sat too long on Mainfreight's board to remain independent is "a slight on the individual sitting around the table," he told BusinessDesk after last month's annual shareholders' meeting. Braid, the managing director, has sat on Mainfreight's board since 2000 and it's unlikely anybody seriously wants him to step down. The company's market value has risen more than 33 times in that period and the company has gone from a local business with a small and struggling...

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