Chanticleer

Healius chair’s head on a stick shows investors out of patience

If Healius cannot pull up its socks in the medium term, expect investors to push the board to think about other ways to realise value.

Nov 27, 2023 – 5.51pm

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Healius chairwoman Jenny Macdonald spent the weekend mulling two options: take the fall for a corporate calamity, or stare down investors and be turfed out anyway.

Sensibly, she took the first option. She still has to open the healthcare group’s annual general meeting on Tuesday, but having jumped first she will not suffer the indignity of also being voted out.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.