Fletcher Building Limited announced two directors, Doug McKay and Rob McDonald would also follow chairperson Bruce Hassall out of the boardroom. McKay would step down on June 30 and McDonald would not stand for re-election at the annual shareholders meeting in October. Company appointed Nick Traber as acting chief executive.

Traber had been chief executive of Fletcher's concrete division since January 2021. Prior to joining the company he held chief executive roles at concrete and building materials company Holcim, in Europe and South America. Traber was an internal candidate to replace Taylor as well as external candidates.

Thornton Williams has been appointed acting chief executive of the concrete division. He is currently the divisions chief financial officer.