The Kerry Stokes-controlled Seven Group Holdings is stepping up a push to have at least one representative on the board of Boral as the ailing building products group heads to the finishing stages of a major corporate overhaul.
Boral chairwoman Kathryn Fagg already foreshadowed a partial boardroom overhaul on August 24 when the company announced heavy write-downs of $1.35 billion, saying that director John Marlay would be exiting later this year.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com