Newly appointed Simonds Group chairman Iain Kirkwood has defended the founding family's decision to shake up the board, saying other shareholders also wanted a different composition with new directors.
Mr Kirkwood, who took over from retiring founder Gary Simonds on Wednesday in a restructure that appointed Mr Simonds' son Mark as executive director and added two family nominees, Piers O'Brien and Scott Mahony, as directors, said the wish for a restructure was widespread.
Loading...
Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
