James Strong has a rather proactive lifestyle: he bikes, climbs, wears bowties, and chairs the boards of three very different entities: Woolworths, Kathmandu and the Australia Council, writes Angela Priestley.
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Bartholomeusz: Woolworths’ executive exodus
Where once Woolworths dictated terms to Coles, it now finds itself in the unaccustomed position of being forced to react to Coles’ initiatives.
READ MOREWoolworths reeling, when will they fold on pokies?
Never before have Woolworths chairman James Strong and CEO Michael Luscombe been forced to engage in such detail about their iniquitous 12,000-strong pokies operation.
READ MOREDoes Dixon’s $10.7m Qantas payout add up?
Earlier this week Qantas confessed to shareholders it paid former CEO Geoff Dixon $10.7 million for five months work. Not only were the payments extremely high, they were also largely unwarranted.
READ MOREBoard helps itself at IAG
With profits down and the share price hovering just above $5, 24% or so off its highs, the hard working board members of Insurance Australia Group have decided to reward themselves with a 37.5% pay rise, writes Glenn Dyer.
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