Why it matters: Pubs billionaire Bruce Mathieson, who owns 15 per cent of Endeavour Group, has waged a three-week campaign to get Bill Wavish elected.
Proxy advisory firm ISS recommends clients vote against the election of Mr Wavish, an ex Woolworths executive.
Endeavour owns 354 hotels with 12,700 poker machines, 266 Dan Murphy’s outlets and 1435 BWS liquor stores.
Proxy firm Ownership Matters told clients to vote against the election of Bruce Mathieson jnr and proposed director Bill Wavish to the Endeavour Group board, making a third significant blow to pubs billionaire Bruce Mathieson’s campaign to shake up the board.
Pubs billionaire Bruce Mathieson owns 15 per cent of Endeavour Group. Arsineh Houspian
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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
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
