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

Sanford’s board nomination stirs governance debate

John Strowger’s nod raises questions about board independence and conflicts of interest, as intricate personal and professional ties come under scrutiny.

The Sanford board in 2022. Only two board members in the photo remain.

Liam Rātana Tue, 28 Nov 2023
Key points
  • What’s at stake: Questions as to whether Sanford’s board has enough independent directors following two recent director exits.
  • Background: The listed seafood company has come under fire over its governance. 
  • Main players: Sanford, the NZ Shareholders’ Association, Oliver Mander, Abby Foote, David Mair, John Strowger.

The New Zealand Shareholders’ Association is concerned about the independence of the Sanford board, in light of a new director nomination yesterday. 

Sanford, a major player in New Zealand’s fishing industry, announced the nomination of John Strowger to its board. Strowger is currently the chair

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Liam Rātana Tue, 28 Nov 2023
Contact the Writer: liam@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: Questions as to whether Sanford’s board has enough independent directors following two recent director exits.
  • Background: The listed seafood company has come under fire over its governance. 
  • Main players: Sanford, the NZ Shareholders’ Association, Oliver Mander, Abby Foote, David Mair, John Strowger.
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Sanford’s board nomination stirs governance debate
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