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Fletcher Building Appoints Peter Crowley as Chair Amid Mixed Reactions

Feb 04, 2025

Fletcher Building (NZX: FBU) has officially named Peter Crowley as its board chair, a move that has drawn mixed reactions from shareholders. Crowley, a board member since 2019, stepped into the spotlight when he temporarily replaced acting chair Barbara Chapman during a tense annual general meeting in October. While some investors were impressed by his leadership, others remain unconvinced about his permanent appointment. His confirmation as chair on Monday signals continuity for the building materials giant, but concerns persist about the company’s ongoing challenges and governance decisions.

 

 

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