Fletcher Building cleans house: chair resigns, CEO to retire

Fletcher Building cleans house: chair resigns, CEO to retire
Insurance claims on the Sky City convention centre fire are among the problems dogging Fletcher Building. (Image: Getty)
Staff reporters
Fletcher Building chair Bruce Hassall and chief executive Ross Taylor will step down after another shock result at New Zealand's largest building materials firm and residential builder.  The announcements were made Wednesday morning while the company remains in a trading halt on the NZ and Australian stock exchanges. They were foreshadowed on Monday when the dual-listed company said the CEO would "consider his position" in light of the matters to be considered at a pre-results board meeting, including it finalising earni...

More Property

Govt to ‘flood’ cities with more housing by liberalising planning rules
Property

Govt to ‘flood’ cities with more housing by liberalising planning rules

Housing Minister Chris Bishop will on Thursday unveil the Government’s plan to “flood the market’ with land for development in a bid to end New Zealand’s housing crisis.Bishop will use a speech to the Real Estate Institute of New Zealand today to announce a slew of changes to NZ’...

Staff reporters 04 Jul 2024
Anglicans get permission to demolish Parnell lodge
Property

Anglicans get permission to demolish Parnell lodge

The property is across the road from one of the most luxurious developments in NZ.

Oliver Lewis 04 Jul 2024
Property operator will negotiate with Italian restaurateur
Property

Property operator will negotiate with Italian restaurateur

Stride's CEO says the landlord won't be silly over a lease dispute with Portofino.

Maria Slade 03 Jul 2024
Death of Fiji plot accused leaves Karaka subdivision up in the air
Property

Death of Fiji plot accused leaves Karaka subdivision up in the air

Records for the project company are nowhere to be found after Ballu Khan's passing.

Maria Slade 03 Jul 2024