Fletcher Building has announced it has has revised down its earnings guidance and says the chief executive is leaving. It expects operating earnings to be about $525 million -- down from previous guidance of $610 to $650 million in the full-year ended June. That's because of losses in the building and interiors division and delays with big projects. The company says Mark Adamson is leaving as chief executive and an interim chief executive will take on the role from Monday. Kathryn Ryan talks to RNZ business editor Gyles Beckford.