Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Steel & Tube names director Mark Malpass

Steel & Tube names director Mark Malpass, ex-Fletcher, as interim CEO

By Jonathan Underhill

Sept. 14 (BusinessDesk) - Steel & Tube Holdings named director Mark Malpass as interim chief executive following the sudden departure of Dave Taylor after eight years in the job.

Malpass was infrastructure products executive at Fletcher Building but lost his job during a restructuring of that company's building products and infrastructure products division late last year by former Fletcher CEO Mark Adamson, who was himself dumped in July. Malpass was appointed to Steel & Tube's board in March.

The Wellington-based company said yesterday that Taylor would depart next week to pursue other interests. Malpass will start as interim CEO on Sept. 25 while the company looks for a permanent replacement. He will step down from the board while in the role.

“Mark has broad commercial skills and industry knowledge, specifically within the steel sector," chair Susan Paterson said in a statement. "He has made a strong contribution since joining the Steel & Tube board in March this year, and has also been part of Steel & Tube’s recent strategy update."

The company's shares last traded at $2.20 and have declined 7.2 percent so far this year.



© Scoop Media

Business Headlines | Sci-Tech Headlines


BusinessDesk: Body massages and Uber are in, DVDs are out, says Stats NZ

Statistics New Zealand has rejigged the consumers price index basket in its latest three-year review, adding body massages, Airbnb and Uber and removing DVD and Blu-Ray players…More>>


StuffMe: Commerce Commission Welcomes Dismissal Of Merger Appeal

In a summary of their judgment released today, Justice Dobson and lay member Professor Martin Richardson dismissed the appellants’ process criticisms and found the Commission was entitled to place significant weight on the prospect of reduced quality of the products produced by the merged entity. More>>


Digital Futures: New Chief Technology Officer Role Created

Communications Minister Clare Curran has called for expressions of interest for the new role of Chief Technology Officer position to help drive a forward-looking digital agenda for New Zealand. More>>

Real Estate: NZ house sales slump in December but prices still firm

The number of property sales across New Zealand slumped 10 percent in December from a year earlier but prices continued to lift, according to the Real Estate Institute. More >>


Dry: Beef + Lamb Launches Drought Resources

The resources include a fact sheet outlining strategies to manage and mitigate the effects of drought, coping with stress on the farm and advice on feed requirements and animal welfare during the dry period. More>>


InternetNZ: Net Neutrality Failure In US "Will Hurt All Users"

InternetNZ Chief Executive Jordan Carter has condemned the decision by the United States communications regulator to undo 2015 open Internet rules, warning that all Internet users will end up worse off as a result. More>>