Jeremy Hutton: Milford Asset Management Equities Analyst on Fletcher Building's management changes - Heather du Plessis-Allan Drive

Fletcher Building has had an eventful few days, culminating in the loss of chief executive Ross Taylor and chair Bruce Hassall.

The company has also reported a $120 million half-year loss after tax.

Milford Asset Management's Jeremy Hutton warns Fletcher may need more than a change in leadership to win back investors.

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