One of the biggest clangers this AGM season has to be the board of financial platform business Praemium forgetting to put director Claire Willette up for re-election by shareholders.
The Barry Lewin-chaired Praemium euphemised the blunder as an "administrative error". It says this means Willette must step down from her non-executive director role to comply with ASX listing rules until being re-appointed by shareholders at the next available opportunity. Assuming the board doesn't forget again.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
