This Month
ANZ chairman finally wakes up to board experience, composition issues
A search is under way, but whether Paul O’Sullivan can attract people with the requisite knowledge and experience as directors is another matter.
Qantas chair John Mullen could quit Treasury Wine over workload worry
The high-profile board director said he was working to reduce his board commitments, which was “taking longer than expected” in face of investor concern.
WiseTech board sought assurances from White over share sales
Richard White, the billionaire co-founder of the software giant privately reassured directors he would stop offloading stock. Now ASIC is probing those transactions.
Billionaire Brett Blundy pushes for Victoria’s Secret board seat
The businessman best known for his stake in Lovisa and other major brands owns almost 13 per cent of the New York-listed lingerie label and wants changes.
Foxtel reveals new board after News Corp sale to Dazn
A former Labor powerbroker turned lobbyist has joined Foxtel as one of its two independent board members, new corporate filings reveal.
October
James Hardie urged to appoint Australian directors to rebuild trust
A growing number of shareholders say they will oppose the re-election of the chairwoman and other board members at this week’s annual general meeting.
‘The deal is done’: James Hardie CEO vows to rebuild trust
Aaron Erter admits the dilutive $14 billion deal to buy Azek was a surprise for investors but said James Hardie needed to diversify for future growth.
Super Retail chair survives investor ire, cancels $7m in bonuses
The owner of Rebel Sport has been mired in controversy after its now former chief executive was accused of having an affair with the head of human resources.
Reviving shareholder-centric governance can save the ASX
The exchange operator’s fall from global leader to regional laggard was driven by a shift to stakeholder-centric values by its now-defunct Corporate Governance Council.
Disclosures show WiseTech’s danger money for former chairman, board
The logistics software giant pays Richard Dammery a so-called exertion fee of about $155,000 in just four months, taking his remuneration beyond $500,000.
AustralianSuper spells end of coal mining troika
The country’s largest super fund is Whitehaven’s largest shareholder, bringing some governance glare to the company’s board.
Gary Weiss puts a rocket up Webjet
The veteran corporate activist is firing off terse letters at the online travel group in his latest round of suit warfare.
September
Nine Entertainment flags 2GB, 3AW radio sale as chairman steps down
At a staff town hall, Nine Entertainment chief executive Matt Stanton confirmed what most people knew or suspected: that Nine is reviewing its radio division.
Government seeks new ASIC boss with Joe Longo set to exit
The announcement that he will not seek reappointment to the high-profile role comes a day after the regulator fronted a Senate inquiry.
Gonski’s warning on AI in the boardroom
Businesses are changing customer service and back office functions to use AI. But does AI have a role inside the company boardroom?
Chairman’s check-up: Do $150,000 board reviews work?
Boards are turning to costly reviews, but some critics say astrology charts may be just as useful.
August
Endeavour review could end in the break-up of Dan Murphy’s owner
The hospitality giant has been left without a permanent chief executive or chairman after the abrupt departure of Ari Mervis, who cited a board disagreement.
June
Rebuilding battered WiseTech’s board, reputation is no small task
What’s more important? Who’s joining the global software company as a director or who’s leaving?
Richard White’s billionaire supporters to leave WiseTech board
Directors Charles Gibbon and Michael Gregg are leaving the board of the global logistics software business after a raft of scandals and allegations involving its founder Richard White.
May
Director Awards underline importance of greater boardroom diversity
Homogeneity undermines accountability, stifles directors’ willingness to ask management the hard questions, and causes boards to succumb to mere conformity.