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Francesco De Ferrari

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AMP’s new CEO Alexis George was well-liked by staff at ANZ where she worked for seven years.

New AMP boss has broken the glass ceiling, but now faces the glass cliff

The glass cliff phenomenon is used to illustrate the tendency for women to be placed in executive positions in struggling companies where the risks of failure are great. AMP fits the description perfectly.

  • Elizabeth Knight

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AMP boss Francesco De Ferrari. Will he stay or will he go?

The clock is ticking for AMP

AMP directors are running out of time to come up with a credible, sustainable plan as the evolution of its strategic review of assets is becoming increasingly painful to watch.

  • Elizabeth Knight
AMP will put its AMP Capital flagship business into a joint venture with takeover suitor Ares Management.

AMP instability could harm shareholder value, warns key investor

Embattled wealth manager AMP is under shareholder pressure to resolve its protracted joint-venture talks with Ares.

  • Clancy Yeates
AMP issued a statement saying chief executive Francesco De Ferrari remains in his position.

AMP leaves door open for potential change at the top

AMP shot down speculation chief executive Francesco De Ferrari would resign immediately, but left the door open for a potential leadership spill.

  • Charlotte Grieve and Clancy Yeates
Although shareholders sparked a number of resignations during the year, investors have not been granted a look at how the matter affected AMP’s financial health until Thursday.

AMP’s own-goal mastery reaches epic levels with its failed plan to sell itself

Had this company not blown up so much capital over the past few years, its mounting pile of conduct and cultural mistakes could almost be comical.

  • Elizabeth Knight
Francesco De Ferrari, in seeking to encourage staff to put AMP's recent travails behind them, reportedly told them: "Sometimes shit happens."

AMP chief vows to ‘stay the course’ as shares slump over collapsed takeover

US investment firm Ares withdrew its bid for AMP late on Wednesday, the wealth giant announced alongside its 2020 results, sending its stock tanking.

  • Charlotte Grieve
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New CEO Francesco De Ferrari needs to shake up AMP's culture to protect its stability, and stem its value decline.

Jolted into the 21st century, AMP faces its cultural awakening

AMP has finally recognised it has cultural problems. The wealth giant will need to show solid progress on tackling them to protect its stability, its market value and its independence.

  • Stephen Bartholomeusz
Francesco De Ferrari says AMP's call centres have experienced a spike in calls.

AMP prepares for second COVID-19 wave as profits plunge

The troubled wealth giant has been stress testing several pandemic scenarios for their impact on its business as it reported double-digit falls in profit across all four of its divisions.

  • Charlotte Grieve
Under fire: AMP CEO Francesco De Ferrari has taken aim at litigation funders.

AMP boss De Ferrari's last chance to please scandal-weary shareholders

Which is harder for AMP to explain - a toxic culture or dismal financial performance?

  • Elizabeth Knight
AMP CEO Francesco De Ferrari.

'Disappointment looms': AMP flags earnings losses

AMP has flagged a major drop in underlying profits in another piece of bad news for the company that's been hit with two class actions this week.

  • Charlotte Grieve

Original URL: https://www.smh.com.au/topic/francesco-de-ferrari-1mnt