Australian tap and toilet maker GWA’s chief executive, Tim Salt, surprised the market and his own board by revealing his resignation on Monday morning.
GWA described the departure of Mr Salt, 56, as an amicable resignation and one he has taken for personal reasons from a role that earned him $1.67 million last year.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au