Chanticleer
No Lark for investors as CEO quits over extortion plot
Leaving aside the bizarre story of Geoff Bainbridge’s departure from the Lark Distilling Co, investors face a quandary over value and reputational risk.
Just when you think you’ve seen everything, Australia’s corporate sector throws up a scandal so bizarre that it’s hard to believe.
Geoff Bainbridge, the chief executive of listed whisky maker Lark Distilling, sensationally quit the company on Wednesday “to enable him to manage a personal matter” that was brought to the board’s attention on Tuesday night.
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