Former Woolworths CEO Roger Corbett ascended to the chairmanship of Fairfax Media in 2009 after incumbent Ron Walker fell on his sword when it became apparent he didn’t have the numbers to be re-elected at that year’s AGM.

After Walker signalled his intention to seek re-election for an additional nine-month period in The Australian Financial Review, the Fairfax family ignited a mighty battle when it released this statement on September 17, 2009. Two months later and Walker had resigned to avoid a humiliating defeat, clearing a path for his key ally Roger Corbett to assume the chair.