Fletcher Building has appointed Telecom executive Nick Olson
as its chief financial officer to replace Bill Roest, who is
to retire from the company in 2013.
Olson has been chief financial officer at Telecom since 2010,
having held several other senior finance roles since joining
Telecom in 2002.
Before joining Telecom, Olsen has about 13 years of
investment banking experience in New Zealand, New York and
Hong Kong. He will take up his new job in April 2013.
Fletcher Building chief executive Mark Adamson said Olson had
considerable experience in financial management and had
proven abilities managing complex and dynamic environments.
"He will bring to the role fresh perspectives which will aid
our strategic thinking and operational management processes,
and I am looking forward to working with him," Adamson said
in a statement.
Roest has been Fletcher Building's chief financial officer
for the past 11 years. He has worked for the Fletcher group
for almost 40 years and has been a key member of the senior
executive team since Fletcher Building's listing in 2001.
Adamson said Roest had been actively involved in the
company's growth strategies of the past decade and, in
particular, the company's expansion into Australia.