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

Freightways outpaces flat NZ economy with 12.9% profit lift
Markets

Freightways outpaces flat NZ economy with 12.9% profit lift

More than a third of profits now come from across the Tasman. 

Mark Stewart makes bid for struggling Comvita
Markets

Mark Stewart makes bid for struggling Comvita

The listed mānuka honey is under pressure from weak demand and oversupply.

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025