Image from Startraks/Rex Shutterstock

From stuff.co.nz: Peter Jackson along with fellow Oscar winner Jamie Selkirk stepped down from Sir Richard Taylor’s Miramar workshop on December 31, Companies Office documents show. The change comes ahead of new legislation which would make directors personally liable for health and safety, which the Institute of Directors said demonstrated that directors needed to be across all aspects of the business. Jackson and Selkirk both still own about one third of Weta Workshop.

Weta Workshop senior communications manager Erik Hay confirmed the law change was behind the move for Jackson and Selkirk. “The reason was centred around the law change, which will require them to be more involved on a daily basis. As a manufacturing business, it’s important they are. Peter felt he was not and decided to step out of the piece. They will still retain shares in the company.” Read more…