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Mark Lister: Craigs Investment Partners Investment Director on Fletcher Building's CEO and Chairman standing down after a $120 million net loss
Fletcher Building's chief executive and chairman are standing down after a worse than expected half year result.\xa0
The country's largest construction company has announced a $120-million net loss after tax in its interim result.\xa0
Ross Taylor and Bruce Hassall have confirmed they'll leave the company later this year.\xa0
Fletcher had been in a trading halt since Monday afternoon, pending the results.\xa0
Mark Lister from Craigs Investment Partners told Mike Hosking that unfortunately, this isn't the first time Fletcher has been in trouble.\xa0
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