Sanford nominee says 'we all want to create wealth'

Sanford nominee says 'we all want to create wealth'
Tangled web of relationships between Sanford nominee John Strowger and the current board don't impress the shareholders association. (Image: Supplied)
Rebecca Stevenson
Skellerup chair John Strowger says he has been nominated to the Sanford board by a shareholder who “wants to grow the business and create further wealth for everybody”. Strowger was nominated to take a place on the New Zealand stock exchange-listed (NZX) company's board by minority shareholder Tasman Equities, linked to wealthy Spencer family scion Christopher Spencer and former banker Jonathan McHardy. The duo had a 4% shareholding in Sanford through vehicle Tasman Equities but are acting with Arden Capital and Past L...

More Markets

NZ sharemarket braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Graham Skellern 02 Apr 2025
Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Rebecca Howard 02 Apr 2025
Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

Gregor Thompson 02 Apr 2025
The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

Riley Kennedy 02 Apr 2025