19 Oct 2018

Derek Handley challenged for Sky TV board re-election

8:03 am on 19 October 2018

Some shareholders of Sky Network Television don't want Derek Handley to be re-elected to its board.

NZ entrepreneur Derek Handley speaking to AUT students in Auckland. 27 September 2018.

Derek Handley. Photo: RNZ / Claire Eastham-Farrelly

Half-a-percent of shareholders voted against his re-appointment during the company's annual meeting yesterday.

Derek Handley has been on Sky's board since 2013, and was recently caught up in the Government's chief technology officer appointment saga.

One shareholder at the meeting challenged Mr Handley's business acumen and personal intentions, citing his loss-making advertising app, Snakk Media.

However, the majority voted for his re-election and he will stand with Sky for another term.