Comvita has to win back confidence, new CEO Karl Gradon says

Comvita has to win back confidence, new CEO Karl Gradon says
Comvita chief executive Karl Gradon. (Image: Supplied)
Riley Kennedy
Comvita must earn back the trust and confidence of the shareholders and lenders it has let down in recent years, the company's new chief executive says.Karl Gradon is now four months into the top job at the listed Mānuka honey business, which is racing against a now pushed-out deadline of raising capital to pay down debt on its balance sheet.A month ago, its shareholders turned down a full takeover by Florenz as a way to do that, forcing its board to go back to the drawing board on a capital raise.Get up to date fast. Join BusinessDesk'...

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