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Fletcher Building backs off fee boost for board

Resolution on $0.5m increase for directors’ fee pool withdrawn from annual meeting.

Fletcher Building chair Bruce Hassall.

NBR Staff Wed, 11 Oct 2023

Fletcher Building has pulled back on a proposed $500,000 increase in its directors’ fee pool citing pressure from shareholders.

In a statement to the NZX, Fletcher said it had decided to withdraw a resolution on directors fees from its annual meeting on October 27.

The resolution had proposed to

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NBR Staff Wed, 11 Oct 2023
Contact the Writer: editor@nbr.co.nz
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Fletcher Building backs off fee boost for board
Investment,
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