As the dust settles from the Myer annual meeting last week, where many investors were critical of chairman JoAnne Stephenson, few asked questions about the silver haired man sitting in the front row flanked by Solomon Lew’s lawyers.

That man was Terry McCartney, who is now the newest director on the Myer board after gaining a seat despite a protest vote from some shareholders and proxy advisers. With the backing of Mr Lew’s Premier Investments near 23 per cent stake, he was comfortably voted onto the department store’s board.