Former Woolworths boss Roger Corbett has called on Peter Hearl, chairman of Dan Murphy’s parent, Endeavour Group, to step aside, even if activist nominee Bill Wavish fails to get elected at a contested annual meeting next week.
Proxy advisory firms last week urged clients to vote against Mr Wavish’s election, after he was nominated with the backing of 15 per cent shareholder and pubs billionaire Bruce Mathieson.
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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
