Tuesday 22nd November 2011
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Fletcher Building, New Zealand’s largest construction company, has appointed Mark Malpass as chief executive of its concrete division.
Malpass’ appointment follows the decision to spilt Fletcher’s infrastructure division into construction and concrete. The separation came after infrastructure chief Mark Binns announced he was leaving Fletcher’s for Meridian Energy at the end of the year.
Tim Richards was appointed chief executive of the building products division in October.
Fletcher shares fell 1.2 percent to $5.93, their lowest level since mid-April 2009, after peaking at $9.53 in April.
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