Stubbs, NZSA out on a limb with call for Fletcher board to quit
Shareholder feedback pushes chair to quit early, but other institutions don't support wholesale change of directors.
Sam Stubbs, managing director of fund manager Simplicity.
Calls for the entire board of Fletcher Building to resign, expressed in a letter from fund manager Simplicity head Sam Stubbs late last month, were not supported by some of the company’s major shareholders, NBR understands.
However, the resignation of chair Bruce Hassall with immediate effect on
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