Comvita chair Bridget Coates stands firm after tense AGM showdown

Comvita chair Bridget Coates stands firm after tense AGM showdown
Votes were close at the Comvita AGM (Image: NZME)
Graham Skellern
A defiant Comvita chair Bridget Coates has shrugged off a call at the annual meeting to step down from the board of directors.Comvita co-founder Alan Bougen, who rallied shareholders to oppose a takeover by Florenz at 80c a share, said the board was vocal in its support of the bid – saying it was the only credible offer on the table - and “we were being sold down the river.“So far, we received no apology that the board may have got it wrong and we need a refreshed board to take the company forward.“Will you be announcing...

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