Fletcher Building Limited (“the Company”) today announced the appointment of Thornton Williams as permanent Chief Executive of Fletcher Building’s Concrete Division with immediate effect.
Mr Williams joined Fletcher Building in October 2011, working across various Group functions including Treasury, Insurance and Risk, before moving into the Concrete, Chief Financial Officer role in 2021. He was appointed Acting Chief Executive of Fletcher Building’s Concrete division on 29 March 2024. While in his Concrete CFO role, Mr Williams had a significant leadership role in the advancement of the Concrete Division’s performance and was heavily involved in initiatives that drove culture, customer satisfaction and sustainability.
Before joining Fletcher Building, Mr Williams held senior banking and finance roles in New Zealand and overseas.
Incoming Group CEO and Managing Director Andrew Reding said, “Over the past month as I have started to transition into the role of CEO and MD, I have had the opportunity to work closely with Thornton and witness firsthand his thorough understanding of Fletcher Building’s Concrete business.
"Thornton brings to the role a deep understanding of the commercial drivers of the Concrete business and the competitive landscape. He is therefore well-positioned to lead this high-performing division, not only as Fletcher Building navigates the current challenging trading conditions but also as economic conditions start to improve and opportunities for profitable and sustainable growth emerge.
“I look forward to working closely with Thornton and the Fletcher Building Executive Team when I formally commence my role on 30 September 2024. I would also like to take the opportunity to thank Acting CEO Nick Traber for his support and commitment in enabling an orderly and smooth handover of the CEO role.”
Authorised by: Haydn Wong, Company Secretary