It didn’t take long for the Director’s Club to mount a rearguard action following the Federal Court declaring that the directors of Centro breached their directors’ duties.
Directors club
Shareholders’ chair holders getting a big slice of the action
While much attention is rightfully cast on CEO remuneration, some of the highest-paid people in corporate Australia are not executives, but rather, members of Australia’s Director’s Club.
Centro charges put heat on Directors Club
ASIC announced today that it was bringing civil charges against the former executive and non-executive directors of collapsed property group Centro, alleging they failed to correctly classify $1.54 billion of interest-bearing liabilities.
Shareholders apply the AGM blowtorch
AGM season has come to a conclusion with an unprecedented spate of protest votes, but the directors’ club remains intact, writes Adam Schwab.
2020: Where were John Howard’s four favourite chairmen?
Luminaries from the directors’ club were notably absent from the 2020 Summit, especially the four ageing chairmen most associated with the Howard years, writes Stephen Mayne.
The Sackable Seven – which directors most deserve the boot
It’s remarkable that we are yet to see a single high profile non-executive director fall on their sword as a result of the current credit mess. Stephen Mayne is ready to do some prodding.
