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Sanford board in flux: directors depart amid strategic shifts

Sanford faces boardroom reshuffle as Fiona Mackenzie says she won’t seek reelection, marking fifth director departure since June 2022.

Several board members have resigned or retired from the Sanford board in the past 18 months.

Liam Rātana Mon, 13 Nov 2023
Key points
  • What’s at stake: Sanford has had several board members resign or retire in the past 18 months, as well as the former CEO retiring.
  • Background: Sanford was listed on the NZX in 1924 and is now New Zealand’s largest seafood company, operating 41 vessels and 225 aquaculture farms.
  • Key players: Sanford, Sir Robert McLeod, Craig Ellison, Fiona Mackenzie, Peter Kean, Peter Cullinane, Peter Reidie, David Mair, Mark Cairns, Ngāi Tahu Holdings. 

Sanford revealed this morning that board member Fiona Mackenzie would not be seeking reappointment as a director following the company’s annual meeting next month. Two directors have now announced their resignation or retirement from the Sanford board within four days of each other, while six

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Liam Rātana Mon, 13 Nov 2023
Contact the Writer: liam@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • What’s at stake: Sanford has had several board members resign or retire in the past 18 months, as well as the former CEO retiring.
  • Background: Sanford was listed on the NZX in 1924 and is now New Zealand’s largest seafood company, operating 41 vessels and 225 aquaculture farms.
  • Key players: Sanford, Sir Robert McLeod, Craig Ellison, Fiona Mackenzie, Peter Kean, Peter Cullinane, Peter Reidie, David Mair, Mark Cairns, Ngāi Tahu Holdings. 
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Sanford board in flux: directors depart amid strategic shifts
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