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Mike Kane

July 2021

Seven Group executive chairman Kerry Stokes is expected to control more than half of Boral when his $8.8 billion takeover bid ends.

Seven Group extends Boral takeover bid

Seven Group has taken control of Boral and will be able to select the next chairman and push for a faster transformation strategy after acquiring more than half of the building materials group’s shares.

  • Updated
  • Jenny Wiggins

April 2021

Boral CEO Zlatko Todorcevski in the group’s North Sydney office.

Boral may unwind ex-CEO’s big growth play in US

The shrinking of Boral under new boss Zlatko Todorcevski may step up a gear with a potential exit from the US fly ash business.

  • Simon Evans

October 2020

CFMEU Victorian secretary John Setka says the blackmail charges were "an ideologically-driven attack on a union and on me personally"

Boral execs can't avoid Setka suit over 'malicious' blackmail charges

A judge has rejected claims that the CFMEU boss can't sue the two executives for malicious prosecution over a blackmail case that sensationally collapsed two years ago.

  • David Marin-Guzman

September 2020

Louise Warner: pointed exit.

Couche-Tard swoops on Ampol veteran

Six months after the Canadians walked away, and with six months left on any standstill agreement signed, Couche-Tard has pointedly hired Louise Warner.

  • Myriam Robin

August 2020

Former Boral chief executive Mike Kane hailed the diversification of earnings from spending $3.5 billion in the US.

How Boral wasted $1.2b on Headwaters

As Boral CEO Zlatko Todorcevski cleans up the mess left by his predecessor, he is being closely watched by Kerry Stokes, John Wylie and Paul Skamvougeras.

  • Tony Boyd
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June 2020

Zlatko Todorcevski: not quite Superman, but he does have an edge.

Boral's new chief all over the opposition

Zlatko Todorcevski wanted to be across "every book and cranny" of Adbri. Now he's heading its major competitor.

  • Myriam Robin
Zlatko Todorcevski will take the helm at Boral on July 1.

Boral's new CEO steps into a pressure cooker

Boral's new CEO Zlatko Todorcevski has three big investors who see value in the company. But they'll have no shortage of advice on how to unlock it, either. 

  • James Thomson

May 2020

Boral CEO Mike Kane.

A parting gift from Boral's Mike Kane?

The drums are beating ever louder about a capital raising at the troubled company.

  • Simon Evans

March 2020

Boral CEO Mike Kane has a mounting list of problems but will be out the door by August.

Boral CEO Mike Kane's world of pain worsens

The building products group pulled guidance, warned of a class action over a US accounting scandal and will need to re-work a plasterboard buyout.

  • Simon Evans

February 2020

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Boral boss pulls out bigger knife

CEO Mike Kane will cull another 100 positions from the Australian arm in the next few months, taking the total number of job losses to 500 in two years.

  • Simon Evans
Boral chairman Kathryn Fagg should be allowed absolutely nowhere near the selection of the company's next CEO.

Kathryn Fagg sets herself up as next Boral sacrifice

Chairman dawdles along with her stone-deaf succession process, impervious to her shareholders’ bloodlust.

  • Joe Aston
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Kane calls on 'Superman' to right Boral

A global search has begun for a successor to Boral CEO Mike Kane, who has come under increasing pressure after a succession of profit downgrades.

  • Updated
  • Simon Evans
Boral chief executive Mike Kane will depart in August after issuing five profit downgrades in 20 months.

Endless downgrades at Boral spell fall of Kane

An accounting scandal and five profit downgrades in 20 months have left Boral chairman Kathryn Fagg no choice but to bring forward the CEO's retirement.

  • James Thomson

January 2020

With equity prices so high, it's natural investors are looking closely at earnings, and the executives delivering them.

10 CEOs under pressure in 2020

With markets near record highs, investors will be nervously watching earnings. Here are 10 CEOs who will be under more scrutiny than usual in 2020.

  • James Thomson

December 2019

It's been another very hard year for corporate Australia.

The good, bad and ugly of corporate Australia in 2019

The departure of two big bank CEOs and chairmen says it's been yet another tough year for the top end of town.

  • James Thomson
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Boral's Mike Kane could be in line for $4.2 million a year after he leaves the company.

Boral board better sack Mike Kane

Make no mistake, Kathryn Fagg now has to get out the sword. And she will.

  • Joe Aston
Boral CEO Mike Kane

At least Boral has its AGM behind it

At that meeting, most shareholders still appeared willing to see Kane sort the issues he'd created.

  • Myriam Robin
Boral chief executive Mike Kane has uncovered an accounting scandal in his North American business.

Boral scandal puts pressure on Kane

After four profit downgrades in 18 months, an accounting scandal at Boral has raised questions about Mike Kane's tenure.

  • James Thomson

November 2019

Boral chief executive Mike Kane.

Boral bruised by softer Australia and US

Boral chief executive Mike Kane is ripping out costs even faster, as the company's profits sag in Australia and North America.

  • Simon Evans

Original URL: https://www.afr.com/person/mike-kane-1n95