Why men on these top boards could lose their jobs over diversity
The powerful proxy firm representing the country’s biggest super fund says at least 30 per cent of directors on ASX 300 boards should be women. And it’s ready to target male directors over the issue.
Australia’s big superannuation funds have lost patience with male-dominated boards of the ASX.
And the men who are directors of some of Australia’s most high-profile companies may find their positions under threat if female board representation doesn’t quickly reach at least 30 per cent.
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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
