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Board shake-up

Yesterday

Jon Gidney has joined the board of Cettire.

Veteran banker Jon Gidney joins Cettire board

The former investment banking heavyweight has joined the luxury goods platform, which is yet to appoint any female directors.

  • Carrie LaFrenz

June

Former AFL CEO Gillon McLachlan will step into a big new role at Tabcorp.

Businesses failing to weigh wider risks

Readers’ letters on the need for boards to consider risks beyond their organisation; the links between gambling and sport; and the fight against inflation.

More than 50 per cent of ASX200 companies have factored climate change into short or long-term incentive structures, up from only 10 per cent in FY20.

CEO pay goes green, but details lacking on performance measures

It’s one thing to set CEO remuneration based on climate change goals; it’s another to be able to properly measure them.

  • Anthony Macdonald
Sally Pitkin will retire as chairwoman of Super Retail Group after the October AGM.

Super Retail names new chair to replace Sally Pitkin

Judith Swales will exit her executive role at Fonterra and become chairwoman at the retailer behind the Rebel and Supercheap Auto brands.

  • Carrie LaFrenz

May

30pc of board execs to go in two years
1:22

30pc of board execs to go in two years

Quantium’s Adam Driussi says board members who avoid AI will be left behind.

  • Updated
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Michael Ullmer

Lendlease chairman to step down at AGM

Michael Ullmer has confirmed he will step down at the company’s shareholder meeting in November, but disgruntled investors want more action than that.

  • Nick Lenaghan and Joshua Peach

April

Furious about dismissal: Damien Glanville, former CEO of LPE.

Electricity CEO alleges board engineered share sale sacking

The head of electricity services company LPE says he was left in limbo when he told the board he needed to sell shares.

  • Liam Walsh
Former Nine and NRL executive Alexi Baker will be put up for election to the Rugby Australia board.

Ex-NRL executive in frame for Rugby Aus board as club tensions mount

Alexi Baker is one of two candidates up for election at the company’s AGM as it tries to rebuild the game and change its fortunes.

  • Zoe Samios

March

Treasurer Jim Chalmers has rejected the Coalition’s demand that he appoint all existing RBA board members to the new interest-rate setting board.

Chalmers’ RBA overhaul in jeopardy

Treasurer Jim Chalmers may need to secure the support of the Greens to legislate his overhaul of the RBA after rejecting the Coalition’s push for board continuity.

  • Updated
  • Michael Read

February

Richard Goyder at Woodside’s AGM last year in Perth.

Activist shareholder opposes re-election of Woodside chairman

The Australasian Centre for Corporate Responsibility says Richard Goyder has been “persistently unresponsive” to concerns about Woodside’s performance on climate.

  • Updated
  • Angela Macdonald-Smith

Qantas appoints Mullen to succeed Goyder

The chairman-elect has revived hopes the airline can win back the support of its staff and unions as he prepares to succeed Richard Goyder in the coveted role.

  • Updated
  • Ayesha de Kretser
John Mullen is taking on what is arguably his biggest board challenge.

Here’s what to expect from new Qantas chairman John Mullen

The businessman made his name running ports and freight railway lines. Now he’s landed what’s often considered the number one gig in corporate Australia.

  • Anthony Macdonald
Data3 nad Jumbo Interactive chair Susan Forrester says companies need to accelerate tech spending, even if it means a short-term hit to earnings.

Inside the boardroom, investors’ comments carry weight

Having covered plenty of fund managers criticising non-executive directors, the directors have their say.

  • Updated
  • Anthony Macdonald
Michelle Gass

CEO succession needs a shake-up

It’s the most important job corporate boards have, and all too often they fail miserably.

  • Beth Kowitt

January

Minister for Communications Michelle Rowland, Kim Williams and Prime Minister Anthony Albanese during a press conference at Parliament House in Canberra.

Harder, faster: Kim Williams takes lessons from News Corp to ABC

Pushing deep, structural change at News Corp put Kim Williams offside with editors early on in his short tenure there. How will he lead as ABC chairman?

  • Sam Buckingham-Jones
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Mike Baird’s ‘understanding of parliamentary processes’ will benefit the firm, KPMG’s chairman says.

Mike Baird to join KPMG board

The appointment increases the number of independent directors at the firm, as consultancies continue to face scrutiny over their governance models.

  • Maxim Shanahan
Endeavour chairman Peter Hearl at the company’s AGM in Sydney on October 31.

Dan Murphy’s owner Endeavour finds a fragile peace

Australia’s corporate stoush of 2023 has ended with a Goldilocks solution, but the test of the truce will be the company’s operating performance.

  • Updated
  • Anthony Macdonald
Ari Mervis will take over as chairman of Endeavour Group in April.

Endeavour loses chairman in reshuffle aimed at placating investors

The changes follow months of animosity between the alcohol retailing and hotels group and its largest shareholder, billionaire publican Bruce Mathieson.

  • Updated
  • Carrie LaFrenz and Simon Evans

December 2023

Endeavour Group holds an investor day on its hotels business on December 6.

Mathieson Group says Endeavour chairman’s days are numbered

With tensions unresolved, the Mathieson camp says it is prepared to call an extraordinary general meeting if Peter Hearl does not step down.

  • Carrie LaFrenz
Nelson Peltz, who called off a proxy fight with the Disney board earlier in 2023, remains a significant shareholder in the entertainment group.

Peltz’s Trian seeks Disney board seats after request is rejected

Activist investor Nelson Peltz has launched a new proxy fight against Disney after the entertainment giant rejected its bid for board seats.

  • Crystal Tse and Thomas Buckley

Original URL: https://www.afr.com/topic/board-shake-up-1nc9