Billionaire pubs owner Bruce Mathieson escalated his war against Endeavour Group chairman Peter Hearl, threatening to call an extraordinary general meeting if he does not step down at next Tuesday’s annual meeting.
Mr Mathieson, who is backing nominee Bill Wavish in a boardroom shake-up at the pubs and liquor retailer, admitted it would be tough for Mr Wavish to get elected after multiple proxy advisers told clients to vote against his nomination last week.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
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
