Fletcher's Building Products Head Matt Crockett Resigns
Nov. 17 (BusinessDesk) - Fletcher Building said its building products division chief executive Matt Crockett has resigned to take up a role with a global consulting firm.
New Zealand's biggest listed building company lured Crockett away from his role as chief turnaround officer Spark New Zealand to run its heavy building products division in July 2015, one of two executive roles created when the company restructured its building and infrastructure products units.
Fletcher Building interim chief executive Francisco Irazusta said Crockett had made a significant contribution to the company during his tenure, building a strong leadership team and together they have returned the building products division to earnings growth.
Crockett will take up a senior advisory role with a global consulting firm in February 2018, which will allow him to continue to work with leading companies in the areas he is most passionate about – business transformation, strategy and digital enablement, Irazusta said in a statement.
Fletcher shares last traded at $6.91 and have dropped 35 percent the past year.