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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

Ex-Eroad CEO Newman cashes in, but says shares still undervalued

CEO who left abruptly in 2022 recently sold more than $200,000-worth of shares as ownership stake reduces to 7.3%.

Former Eroad CEO and current advisor to the company, Steven Newman.

Will Mace Thu, 18 Jan 2024

Eroad’s former chief executive Steven Newman cashed in more than $200,000-worth of the telematics company’s shares over the holiday period in a move he has told NBR was purely to help fund living expenses.

A filing to the NZX this afternoon showed Newman’s shareholding in Eroad, held largely

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Will Mace Thu, 18 Jan 2024
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Ex-Eroad CEO Newman cashes in, but says shares still undervalued
Investment,
102362
true