Chanticleer

Sorry doesn’t come easy at AMP

AMP chairman Debra Hazelton didn’t shy away from tough questions at the company’s annual general meeting, but her attempt to paint AMP as a victim of circumstances jarred.

Apr 30, 2021 – 12.01pm

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You have to feel sympathy for AMP chairman Debra Hazelton. Facing your first annual general meeting as chairman after yet another horror year is never easy – even if an online-only meeting puts a barrier between you and furious retail investors.

But Hazelton came to Friday’s meeting with an extra challenge: trying to sell the message that her turnaround plan, based on splitting a 172-year-old icon in two, is working.

James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine.