The sacked chief of stationery chain Smiggle will be stripped of about $4 million in shares if investors in Solomon Lew’s retailing group agree with the unanimous recommendation of the company’s board.
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