The Chairman of Fletcher Building Limited, Mr Ralph Waters, today announced the appointment of Sir Ralph Norris to the boards of Fletcher Building and its listed issuer of capital notes, Fletcher Building Industries Limited. Mr Norris will be an independent director and the appointment will be effective from April 2014.
Sir Ralph retired as managing director and chief executive officer of the Commonwealth Bank of Australia in November 2011 following a 40 year career in the banking sector in Australia and New Zealand, including as chief executive officer of ASB Bank. He is a former chief executive officer of Air New Zealand.
Sir Ralph is a director of Fonterra Cooperative Group and Origin Energy and a former director or chairman of the Business Council of Australia, the International Monetary Conference, Sovereign Insurance, the NZ Bankers’ Association, NZ Business Roundtable and the Australian Bankers’ Association. He is a member of the NZ Olympic Advisory Committee and the Juvenile Diabetes Research Foundation Advisory Board.
Mr Waters welcomes Sir Ralph to the board, and notes that he will bring valuable skills and experience from leading large organisations, both in New Zealand and Australia.
The appointment, which will temporarily bring the size of the board to nine members, is being made ahead of Ralph Waters’ retirement at the end of 2014.
For further information contact:
Georgina Bond
Senior Communications Advisor
Phone: + 64 9 525 9125
Mobile: + 64 27 5444 716