Australian Institute of Company Directors chair Naomi Edwards says boards are open to introducing annual elections for directors but would want simplified broader governance standards.
Veteran fund manager John Wylie sparked debate over the annual election of directors as part of a call for an overhaul of the governance rules for listed companies.
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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com