Tony Lombardo
Investors give Lendlease a tick for overhaul amid warning it ‘will not be easy’
Investors are positive about Lendlease’s restructure, but there will be short-term pain while the process is under way to achieve long-term gain, analysts warn.
- Carolyn Cummins
Latest
- Opinion
- Activist shareholders
Why this property giant’s shareholders staged a strategy coup
The hulking-out of Lendlease shareholders not only demonstrates just how aggrieved they were, but it is also a reminder that investors are the owners and in theory the board works for them.
- Elizabeth Knight
Lendlease vows to fight $112m tax bill as investors sell down shares
Investors downgraded the stock at a time when the global property giant is coming under pressure from other major shareholders to restructure the business.
- Carolyn Cummins
A racehorse named Demerger haunts property giant Lendlease
Unless Tony Lombardo, CEO of ASX heavyweight Lendlease, can appease objectors, he, the board, and the business face major upheaval, and time is running out.
- Carolyn Cummins
Lendlease to cut 740 staff in global purge
Property giant Lendlease is cutting about 10 per cent of its global workforce, with Australian jobs among those to go.
- Carolyn Cummins
Original URL: https://www.theage.com.au/topic/tony-lombardo-5nj