Fletcher Building's CEO, Chairman to Exit Amid Board Review Process [MarketWatch]
FLETCHER BLDG SP/ADR (FCREY)
NASDAQ:AMEX Investor Relations:
fletcherbuilding.com/investor-centre
Company Research
Source: MarketWatch
The Australian home builder on Wednesday said that Taylor has given notice to the board of his retirement and that Hassall would be stepping down from the board at the upcoming annual shareholders meting later this year. Advertisement The company is currently looking for a successor to Taylor, who took over the CEO role in 2017. Fletcher Building's succession-planning news come as it reports that it swung to a loss in the first half of its fiscal year and said the board has decided not to declare and pay an interim dividend to protect its balance sheet. Write to Sabela Ojea at sabela.ojea@wsj.com
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