The chairman of EML Payments, a Brisbane-based gift card provider facing regulatory concerns in the UK and Ireland, was removed from the board by angry shareholders on Friday.
Peter Martin, a former chief executive of Rothschild Australia Asset Management, failed to receive a majority of votes for his re-election to the board at the company’s annual meeting in Sydney.
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Aaron Patrick is the senior correspondent. He writes about politics and business from the Sydney newsroom. Email Aaron at apatrick@afr.com
