Sir Ralph apologises, takes 20% fee cut for Fletcher construction losses
But the troubled Building & Interiors unit is just one of 35 businesses.
Jenny Ruth Wed, 25 Oct 2017
Fletcher Building chairman Sir Ralph Norris apologised to shareholders at the annual meeting for the continuing losses at the Building & Interiors unit and told them directors will take an immediate 20% cut in their fees for the next 12 months.
According to the company's 2017 annual report, the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).