Simplicity are calling for Fletcher Building's board and management to be scrutinised further.
Fletcher's stock has dropped following a multi-million dollar cost blowout on two big projects in Auckland and Wellington.
Managing director Sam Stubbs says they called for the chair's resignation two years ago- and action hasn't been taken.
"In those two years, the directors paid themselves $4 million in fees- and then they had the absolute cheek last year to ask for a 25 percent pay increase, which they were ultimately talked down from."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Bobby Bones Show
Listen to 'The Bobby Bones Show' by downloading the daily full replay.