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
Gold Report 21st May 2019
NZ dollar falls after RBA governor flags potential rate cut
ASB reviews ownership of Aegis
Auckland Airport kicks off next phase of expansion
Cashed-up Plexure eyes acquisitions to accelerate growth as loss shrinks
Tower turns to 1H profit, lifts FY guidance
IRD should have doubled claim against Watson's Cullen Group - Professor
Investore FY profit falls 16% on smaller valuation gain, signals flat dividend for 2020
Synlait receives cease and desist letter regarding Pokeno plant
21st May 2019 Morning Report