Opinion
The value destruction at AMP is only just beginning
The Debra Hazelton-led AMP board risks a major exodus of key talent after publicly putting the wealth management giant's businesses on the block.
Karen MaleyColumnistLet's hope that the hapless AMP board had enough nous to dangle lucrative retention bonuses in front of key executives before it publicly hung out the "for sale" sign on the company's various businesses.
Because if it hasn't taken this precaution, the troubled wealth management giant risks a wholesale exodus of its most talented executive and staff members, the likes of which has not been witnessed in corporate Australia.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles