
Fletcher CEO forfeits $8 million in shares
Mark Adamson's sudden departure means he forfeits $8 million worth of shares.
Stories and analysis from The Northern Express Herald.
Fletcher Building announced the departure of CEO Mark Adamson.
Mark Adamson is leaving Fletcher Building immediately.
Graham Darlow forfeited about $1.2m of shares. .
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Fletcher Building subsidiary Easysteel supplied information to the Commerce Commission.
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Stock Takes: Fletcher Building looks like a break-up target, but break-ups are hard.
Speculation about a break-up or buyout of Fletcher Building has re-emerged.
COMMENT: Individual shareholders have drawn the short straw in NZ, writes Brian Gaynor.
COMMENT: Investor returns are mixed at best in volatile industry, writes Mark Lister.
COMMENT: The Shareholders' Association is on the warpath.
Investment specialists say the departure of Graham Darlow is regrettable.
Fletcher Building has made changes including to its staff after the $110m downgrade.
Cost overruns that push building projects into the red aren't the Govt's concern
Fletcher Building shares tumbled 12 per cent after the company cut its full-year earnings guidance.
KiwiSaver is a fantastic long-term superannuation scheme but it has one major drawback: limited domestic investment opportunities.
Fletcher Building is in a trading halt pending a review of the financial performance of its construction division.
New Zealand shares gained, with NZX, Sky Network Television and Fletcher Building recovering after selling this week.
Fletcher Building will occupy a development planned for the former sports ground.
A super crane nearly a quarter of a kilometre tall will be erected in Auckland CBD.
Analyst estimates one-off loss on large building project cost company $30 million.
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Disappointment has been expressed about Fletcher Building's half-year result, largely due to the performance of its construction division.
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