Fletcher Building Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nick Traber

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2.1yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO

Nick Traber

less than a year

Tenure

Mr. Nick Traber served as Chief Executive of Concrete Division at Fletcher Building Limited since January 28, 2021, until March 29, 2024 and serves as its Acting Chief Executive Officer since March 29, 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ross Taylor	Executive Officer	less than a year	NZ$5.48m	0.16% NZ$ 4.2m
Nick Traber	Acting Chief Executive Officer	less than a year	no data	no data
Bevan McKenzie	Chief Financial Officer	7.5yrs	no data	0.039% NZ$ 1.0m
Joseph Locandro	Chief Information Officer	2.1yrs	no data	0.011% NZ$ 276.6k
Aleida White	Head of Investor Relations	no data	no data	no data
Haydn Wong	Interim Group General Counsel & Company Secretary	less than a year	no data	0.00090% NZ$ 23.6k
Claire Carroll	Chief People Officer	5.8yrs	no data	0.031% NZ$ 812.1k
Steve Evans	Chief Executive of Residential & Development	9.3yrs	no data	0.045% NZ$ 1.2m
Wendi Croft	Chief Health & Safety Officer	5.8yrs	no data	0.0099% NZ$ 259.6k
Hamish McBeath	Chief Executive of Building Products	5.8yrs	no data	0.026% NZ$ 691.2k
Phillip Boylen	Chief Executive of Construction	2yrs	no data	0.010% NZ$ 270.6k
Gareth O'Reilly	Chief Executive of Australia	less than a year	no data	0.0082% NZ$ 216.0k

2.1yrs

Average Tenure

Experienced Management: FBU's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Crowley	Independent Non-Executive Director	4.6yrs	NZ$216.00k	0.0064% NZ$ 169.2k
Robert McDonald	Independent Non-Executive Director	5.7yrs	NZ$214.38k	0.0077% NZ$ 202.8k
Martin Brydon	Independent Non-Executive Director	5.7yrs	NZ$208.88k	0.0039% NZ$ 101.4k
Sandra Dodds	Independent Director	less than a year	no data	0.0019% NZ$ 50.7k
Barbara Chapman	Acting Independent Non-Executive Chairman of the Board	5.7yrs	NZ$193.00k	0.0064% NZ$ 169.2k
Douglas McKay	Independent Non-Executive Director	5.7yrs	NZ$210.38k	0.0026% NZ$ 67.5k
Cathy Quinn	Independent Non-Executive Director	5.7yrs	NZ$195.88k	0.0052% NZ$ 135.3k

5.7yrs

Average Tenure

65yo

Average Age

Experienced Board: FBU's board of directors are considered experienced (5.7 years average tenure).

Fletcher Building Management

Management criteria checks 2/4

Key information

Recent management updates

Bevan McKenzie Decides to Resign as Group Chief Financial Officer of Fletcher Building Limited, Effective October 4, 2024

Fletcher Building Announces Executive Changes

Fletcher Building Limited Announces Resignation of Bruce McEwen, Chief Executive of Distribution Division, Effective At the End of March in 2024

Fletcher Building Limited, Annual General Meeting, Oct 27, 2023

Fletcher Building Limited Appoints Sandra Dodds as A Non-Executive Director, Effective 1 September 2023

Fletcher Building Limited Announces Executive Changes

Recent updates

Bevan McKenzie Decides to Resign as Group Chief Financial Officer of Fletcher Building Limited, Effective October 4, 2024

Fletcher Building Limited Announces Not to Declare an Interim Dividend for Fiscal Year 2024

First half 2024 earnings released: NZ$0.15 loss per share (vs NZ$0.12 profit in 1H 2023)

Fletcher Likely to Target Private Equity Buyers for Tradelink Plumbing Business

Price target decreased by 14% to AU$4.18

Fletcher Building Limited to Report First Half, 2024 Results on Feb 14, 2024

Fletcher Building Announces Executive Changes

Fletcher Building Limited Announces Resignation of Bruce McEwen, Chief Executive of Distribution Division, Effective At the End of March in 2024

Upcoming dividend of NZ$0.19 per share at 7.3% yield

Fletcher Building Limited, Annual General Meeting, Oct 27, 2023

New major risk - Dividend sustainability

Full year 2023 earnings: EPS and revenues miss analyst expectations

Fletcher Building Limited Appoints Sandra Dodds as A Non-Executive Director, Effective 1 September 2023

Fletcher Building Limited Announces Executive Changes

Fletcher Building Limited to Report Fiscal Year 2023 Results on Aug 16, 2023

Price target decreased by 10% to AU$5.27

Independent Non-Executive Director recently bought AU$80k worth of stock

Upcoming dividend of NZ$0.21 per share at 9.5% yield

First half 2023 earnings released: EPS: NZ$0.12 (vs NZ$0.21 in 1H 2022)

Fletcher Building Limited Approves Interim Dividend for the Six Months Ended 31 December 2022, Payable on 6 April 2023

Fletcher Building Limited to Report First Half, 2023 Results on Feb 15, 2023

Bain, BGH Reportedly Still in Jeld-Wen Race

Insufficient new directors

Fletcher Building Limited Reconfirms Earnings Guidance for the Fiscal Year 2023

Upcoming dividend of NZ$0.26 per share

Fletcher Building Limited, Annual General Meeting, Oct 26, 2022

Full year 2022 earnings: EPS misses analyst expectations

Fletcher Building Limited Announces a Supplementary Dividend for the Year Ended 30 June 2022, Payable on 6 October 2022

Fletcher Building Limited to Report Fiscal Year 2022 Results on Aug 17, 2022

Price target decreased to AU$7.16

Fletcher Building Limited Provides Earnings Guidance for the Fiscal Year 2022

Insufficient new directors

Insider recently bought AU$70k worth of stock

Upcoming dividend of NZ$0.21 per share

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Fletcher Building Limited Declares Interim Dividend for the First Half of 2022

Fletcher Building Limited Announces Distribution for the Period Ended December 31, 2021, Payable on April 7, 2022

Now 21% undervalued after recent price drop

An unknown buyer entered into an agreement to acquire Rocla Pty Limited from Fletcher Building Limited (NZSE:FBU) for AUD 55 million.

Full year 2021 earnings released: EPS NZ$0.37 (vs NZ$0.23 loss in FY 2020)

Insider recently sold AU$60k worth of stock

CPE Capital Reportedly Eyes More Buys as Rocla Deal Is Finalised

Price target increased to AU$7.21

Fletcher Building Limited Provides Earnings Guidance for the Year 2021

New 90-day high: AU$6.18

First half 2021 earnings released: EPS NZ$0.15 (vs NZ$0.098 in 1H 2020)

Earnings beat expectations, revenue disappoints

Fletcher Building Limited to Report First Half, 2021 Results on Feb 17, 2021

New 90-day high: AU$5.93

New 90-day high: AU$5.62

Price target raised to AU$4.63

New 90-day high: AU$4.09

New 90-day high: AU$3.53

Fletcher Building Limited and Fletcher Building Industries Limited Appoint Chris Reid as Additional Company Secretary

Earnings released

Fletcher Building Limited to Report Fiscal Year 2020 Results on Aug 19, 2020

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age