The resignation of Fairfax Media deputy chairman Mark Burrows was an absolute no brainer. No company director can accept money or work from a competitor, so from the moment his gig on the CMH privatisation deal was made public on 22 January, his time on the Fairfax board was over, writes Stephen Mayne.
Mark burrows
Ironies aplenty as secretive Brambles gets into the outing business
The last time a corporate rival took a position on the Brambles register was way back in 1985 when TNT, then run by the controversial Sir Peter Abeles, engaged Rene Rivkin to snap up a hostile 10% stake.
Lazard spends up, looks to Asia
Lazard Ltd., the investment bank run by Bruce Wasserstein, has bought the Carnegie, Wylie & Co in Australia, for an undisclosed amount.
