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What a weak-kneed useless group the entire board must be . If they can't get a better deal for a company they've been running with about half the NZ fuel outlets they aren't worth a cent of their board fees (see below). "The Scheme is subject to a number of conditions including regulatory approvals from the New Zealand Commerce Commission (NZCC) and New Zealand Overseas Investment Office (OIO)." Hopefully they will quickly toss this out as not being in the national interest - let alone the shareholders.
From last annual report (figures are roughly all up)
Abby Foote $190,806
Chair, Board of Directors
Mark Cross $127,000
Board of Directors
Julia Raue $127,000
Board of Directors
Stephen Reindler $127,000
Board of Directors
Blair O’Keeffe $117,000
Board of Directors
Mark Malpass $117,000
Board of Directors
Alan Dunn $9,750 (quit board)