Humm chairman Christine Christian says she is proud of the board’s actions in the face of “multiple, aggressively worded threats” from the group’s biggest shareholder and founder.
In a statement put out to placate a wave of shareholder anger over the directors failure to put to a vote the planned sale of its consumer finance arm to Latitude Financial, Ms Christian shifted the blame to renegade director Andrew Abercrombie.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
