Wednesday 28th February 2018
|Text too small?|
Fletcher Building's chief transformation officer Lee Finney has resigned two years after being appointed in what was then a new position by former chief executive Mark Adamson.
Current CEO Ross Taylor said Lee had "led a number of important initiatives since that time including our performance improvement program, central procurement and safety."
Adamson announced the transformation officer position and Finney's appointment in February 2016 along with changes to Fletcher's structure into five divisions. The CTO role was "a dedicated senior executive who will be focussed on accelerating the growth and cost reduction initiatives," he said at the time.
Adamson was sacked in July last year because of losses at the company's Building + Interiors unit.
Fletcher shares fell 1.1 percent to $6.56 and have dropped 13 percent this year.
No comments yet
MARKET CLOSE: NZ shares rise as optimism over US-China trade deal lingers; Fletcher gains
NZD under pressure against Aussie as investors cheered by easing of trade jitters
PFI properties’ valuation rises 5.5% to $1.32 billion
Broader definition of workplace harm in new govt health & safety strategy
MBIE officials grilled on terms of Westland Milk loan
Trade Me suitor Hellman & Friedman drops out
Hydrogen not a short-term option for Huntly - Genesis
Kiwibank says customers have a dwindling need of physical branches
Buying off the plans driving down KiwiBuild cost to govt: HYEFU
Fiscal policy to slow growth over next five years, despite surpluses