The Chairman of Fletcher Building Limited, Dr Roderick Deane, today announced the appointment of Ralph Waters as the new Chief Executive of Fletcher Building Limited.
Mr Waters' appointment will be effective in early June, when the Interim Chief Executive, Michael Andrews, will step down.
In announcing the appointment, Dr Deane said that Mr Waters' track record in managing major change and improving business performance was very impressive.
"Ralph's most recent experience as the Managing Director of Email, in Australia, highlights his exceptional ability to initiate and drive change that leads to substantial performance gains.
"In his role as Managing Director, and following a strategic review, Ralph successfully implemented Email’s programme of focussing on growth of core businesses and divesting non-core assets. His appointment as Chief Executive of Fletcher Building followed a highly competitive international search.
"We had some impressive candidates to choose from, both nationally and internationally. The Board is delighted that we have been able to secure such a high calibre candidate who has a strong background in managing complex business transactions."
"Ralph is a very energetic and focused person. The Board has met with him several times and we are confident he will provide the type of enthusiasm and focus that will drive real value within Fletcher Building," said Dr Deane.
Prior to his appointment as Managing Director of Email, Mr Waters was Email's Group General Manager of Major Appliances, where he was able to turn around the performance of the Group. Previously he
lead Email's Industrial Products Division and also spent time working for United Technologies Corporation in a variety of roles.
"Once again, Ralph's extensive manufacturing, marketing and distribution knowledge combined with his building and steel industry experience have made him an ideal candidate for this role," said Dr Deane.
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