One of Australia’s largest superannuation funds is pushing its nominees to become directors of oil and gas giant Woodside Energy, in the first sign that big super is flexing its shareholder muscle to influence companies at board level.
Former prime minister Paul Keating last month predicted super funds would increasingly seek to nominate directors on to boards to exert more influence.
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Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
