Chanticleer
Westpac gets the protest vote it deserves
The bank’s chairman, John McFarlane, tried empathy and pragmatism at its annual general meeting, but that didn’t calm unimpressed investors.
Patience. Endurance. Fortitude. Empathy. Pragmatism.
Westpac’s annual general meeting may have been held virtually on Wednesday, but chairman John McFarlane needed all these characteristics as he faced shareholders who ranged from unimpressed to downright angry, both with Westpac’s financial performance and its climate change policy.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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