Sanford addresses turbulence with new director appointed
Shareholders had concerns about board diversity issues, director independence, and possibility NZ’s largest seafood company would fall out of NZX50.
Sanford is New Zealand’s largest seafood company.
Shareholders of New Zealand’s largest fishing company Sanford have elected a new director, despite some concerns about his effect on the independence of existing board members. The NZ Shareholders’ Association said it would be closely watching to make sure independence was unaffected.
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