Bremworth (NZX: BRW) has swiftly transitioned under its refreshed board, according to chairman Rob Hewett. Three weeks ago, Hewett, backed by a significant portion of shareholders, successfully led a move to replace the company’s board, ousting former chairman George Adams. The leadership shift sparked a public dispute, with Hewett citing shareholder frustration, while Adams called the actions “hostile, disruptive, and potentially harmful” during a crucial period. However, a resolution was reached earlier this week, allowing the company to focus on its future strategy.
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