Heather du Plessis-Allan: I'm expecting at least one resignation from Fletcher Building
It looks almost certain that the CEO of Fletcher Building is gone.
The company put the shares in a trading halt yesterday, and announced that Ross Taylor would be reconsidering his position. Which says to me- he’s resigning tomorrow.
I can’t see a way for him to come out and say he’s not resigning after that statement’s been made.
And if he does go, which seems more likely than not, I doubt very much he’ll be alone. I suspect there will be other members of the executive - and maybe even the board - walking out that door with him.
And I don’t think anyone's gonna cry any tears over this…
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