Fletcher Building (NZE:FBU, ASX:FBU) Chief Information Officer Joe Locandro will step down, according to a Wednesday filing with the Australian and New Zealand bourses.
Michael Butler, general manager of the company's enterprise and digital services, will succeed Locandro, the filing said.
The company's shares were down almost 1% in recent Wednesday trade in New Zealand.
Price (AUD): $3.13, Change: $-0.020, Percent Change: -0.63%