New Zealand’s largest construction firm’s shares tanked after it reported a $113 million half-year loss and that its CEO and chairman will leave later this year.
Turning a basket case into a high-performing enterprise is a sure fire way to attract admirers. Inheriting a well-oiled corporate machine makes it harder to excel.
Ross McEwan will step down in April after nearly five years in the role and will be replaced by the bank’s head of business and private banking,Andrew Irvine.
Corporate affairs veteran Danielle Keighery will join Qantas instead of Optus in March,completing the latest executive shake-up at the airline.
The former professional clarinettist with a distinguished media pedigree has become the very public face of one of Australia’s most cherished and scrutinised organisations.
The founding editor of Daily Mail Australia and former editor-in-chief of news.com.au joins Nine in late January to replace Tory Maguire.
Premier Investments’ former chief executive Richard Murray will start in his new job at Total Tools at the end of this month.
Peter Hearl,the chair of drinks giant Endeavour Group,and billionaire activist Bruce Mathieson’s son will both step down following a prolonged public spat between the men over the future of the business amid a plunging share price.
The boss of Nine’s publishing division,which oversees The Age,The Sydney Morning Herald and The Australian Financial Review,has stepped down.
Seven West Media CEO James Warburton will leave the company at the end of the financial year and be replaced by its finance chief,Jeff Howard.
General counsel and company secretary Peter Horton will leave immediately after the insurer concluded his behaviour had fallen short of its code of ethics and conduct.