Fletcher Building Limited has appointed Nick Traber as acting chief executive, replacing Ross Taylor, effective from March 29 until a permanent head is appointed. 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. The appointment of a permanent chief executive would be completed after the appointment of a new chairperson. Taylor would be available to support Traber and the business as required until August 23.