Crown’s golden parachutes should infuriate investors
How does Crown Resorts classify the string of executives who’ve departed amid one of the biggest corporate scandals in recent memory? As ‘good leavers’, of course.
Sackings are as rare as hen’s teeth in corporate Australia.
Executives will step down, sometimes they depart, often they retire and commonly they resign to spend more time with their family – although after 18 months spent in and out of lockdown, surely we can retire that old line.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
