Bruce Hassall has withdrawn his nomination for election to the Vector Board in advance of this week’s Vector annual shareholder meeting.
Mr Hassall has reached this decision after recent feedback from some Vector shareholders given his previous role as chair of Fletcher Building.
Vector Chair Doug McKay expressed disappointment on behalf of the board as Mr Hassall has made a significant contribution to the board since joining last October and his nomination for election had the unanimous support of his board colleagues. Mr McKay said that Vector nominated Mr Hassall because of his deep commercial experience, health and safety knowledge, customer focus and understanding of technology and organisation transformation.
Mr Hassall said his decision was the right thing to do and wishes Vector the best for the future as it navigates the complexities of the energy transition.
ENDS