'Shareholders come first': NZX shareholders square off against chair

Grumpy shareholders make NZC chair James Miller's extended tenure a bit more miserable. (Image: NZX)

Thu, 20 Apr 2023

NZX chair James Miller was supposed to be giving his farewell speech at the company’s annual meeting on Wednesday, but events meant he had to instead defend the exchange's record and its future prospects.After eight years in the job, Miller was meant to be handing over the reins to Rob Hamilton, the new chair-elect. But last month, the NZX board abruptly withdrew its endorsement of Hamilton after “careful consideration” – due to Australian regulators commencing civil penalty proceedings against SkyCity Adelaide in De...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Law & Regulation

US backer tips Futureverse into receivership

The metaverse firm received a valuation of over $1 billion in 2023.

Gregor Thompson 12:15pm

Opinion

Pattrick Smellie: Frontier power report left out in the cold

Of the 10 main recommendations, the Government agreed to just two.

Pattrick Smellie 12:00pm

Frontier power report left out in the cold

The Quiz Free

QuiznessDesk, Wednesday, Oct 01

Think you're clever enough?

The Quizmaster 9:15am

Sponsored

Fiji’s exclusive side revealed

Private islands and 5-star luxury, closer than you think.

Tourism Fiji

Sponsored

The double edge of AI in cyber security

Artificial intelligence has the potential to become both a lifeline and a liability for modern organisations, as a revolutionary tool capable of spotting threats at lightning speed, but also the ultimate weapon in the hands of cybercriminals.

Spark