Today
WiseTech’s former chairman returns as independent director
Andrew Harrison has been appointed as a director to the Richard White-run software giant in an attempt to soothe growing investor angst over governance issues.
Qantas director and advertising expert Todd Sampson resigns from board
The airline has appointed former HP chief executive Dion Weisler in his place, meaning five of seven directors have been installed in the last three years.
This Month
Bolton removed from Keybridge Capital board in stoush with Catalano
The activist investor has, however, talked up the decision as a victory, saying he has “never seen such competition to be on the board of an insolvent company”.
ASIC calls in former WiseTech directors to provide evidence
ASIC has begun interview four former WiseTech directors who resigned from the board over a dispute with founder Richard White.
APRA-style term limits would wipe out up to 30pc of ASX directors
The 10-year limit outlined by the regulator on Thursday would send hundreds of directors out the door if they were introduced across industries.
These are the high-profile directors APRA is pushing out the door
Nearly a quarter of directors at the nation’s largest superannuation, insurance and banking institutions could be forced out under proposed term limits
February
Founder empathy is testing the limits of good boards
Independence, like value, is largely in the eye of the beholder. And investors are doing their homework on captured directors.
Keybridge’s lawyer warned against using administration to avoid board spill
Silk Andrew Broadfoot urged Keybridge to be cautious about a decision to appoint an administrator days before a shareholder meeting.
‘I am WiseTech’: How Richard White regained control of his company
On one side was a group of independent directors with their reputations on the line. On the other, a powerful founder with everything to lose.
Inside Australia’s boardrooms, Trump’s a speed bump
Tariffs here one day, maybe gone the next. Australian business is trying to see through directors call “noise”, but can’t ignore the chaos.
December 2024
Orica chairman Malcolm Broomhead to step down
A veteran of some of Australia’s most powerful boardrooms has announced plans to step down from his last major corporate directorship.
November 2024
City Chic chair hits the phones ahead of AGM
With the shares off 73 per cent over the past year and considering 27.6 per cent of shareholders voted against its report at the 2023 AGM, it’s only prudent for Michael Kay to get on the front foot.
Ramsay investors push for shake-up of ‘failed’ overseas expansion
The country’s largest private hospital operator is facing demands from shareholders to discard international operations and focus on its local facilities.
Two Westpac directors leave after just three years on coveted board
The resignations add to a significant transition for the bank, with a new chairman appointed last year and a fresh chief executive starting next month.
Why every director should fear a MinRes on their watch
Who’s happy at Mineral Resources? No one. That’s what happens when you’re jammed between investors and the outside world.
October 2024
How big super became the corporate enforcer
Few could’ve predicted who would be enforcing standards in corporate Australia in 2024. It’s all about the weight of money.
WiseTech director’s scathing assessment of ‘bully’ Richard White
Christine Holman accused the software giant’s chief executive of intimidation, bullying and overseeing poor corporate governance as she quit in 2019.
Glass Lewis backflip prompts AGM proxy process questions
It is one thing to have a view, it is another to stand behind it. How much work goes into some of these proxy recommendations?
August 2024
EML Payments chairman resigns after board clash over credit card use
Luke Bortoli, also the chief financial officer at lithium hopeful Pilbara Minerals, said he was pleased to leave the prepaid gift card group in “great shape”.
EML Payments chairman’s corporate credit card ignites boardroom clash
The prepaid cards business said it had undertaken an “independent review of expenses incurred by directors and management” but decided against taking action.