“They shunned us, rightly so with hindsight,” Mr Chaney says with a smile. “That would have been a really good acquisition. We could have paid more for it, but we didn’t.”
Sean Smith
The two largest proxy firms in corporate Australia want Mark Barnaba booted off Fortescue’s board due to his ‘excessive tenure’ and ‘unusually high remuneration’.
Adrian Rauso
NextDC’s chief executive will give up his FY27 short-term incentive and long-term incentive opportunities after the data centre developer cut its earnings guidance.
Keira Wright
Trent Northover’s potentially lucrative long-term bonus package would see him pocket 3.25 million Tasmea shares over the next five years subject to helping the $2.6 billion group achieve profit targets.
Perth mortgage giant AFG has warned of one of the quietest spring property markets in years and lashed Labor’s housing reforms, as shareholders demand answers over its battered share price.
Ryan Johnson
Commonwealth Bank arranged payment relief 147,000 times for struggling customers while posting a record profit, as Matt Comyn warned inflation remained too high and economic growth was slowing.
There is growing opposition to gender equity in workplaces, according to damning new figures that also reveal progress for women in executive leadership has gone backwards.
Cheyanne Enciso
Telstra’s board is defending its response to July’s nationwide outage as shareholders weighed if a $607,000 cut to chief executive Vicki Brady’s bonus is enough to hold executives to account.
A property developer and contractor has appointed former WA premier Mark McGowan to its board as the group pushes into new construction methods aimed at addressing the housing supply crisis.
Southern Cross Media Group has appointed former WA premier Mark McGowan and prominent technology executive Karen Stocks to its board.
BCI Minerals has lured Covalent Lithium chair Ian Hansen to the board as harvesting gets under way at the company’s massive Mardie Salt project near Karratha.
Daniel Newell
Ben Wyatt’s chair prospects enhanced as former Anglo American board Mark Cutifani quits Woodside Energy for gold miner’s board amid disclosure concerns.
Elliott Investment Management has upped the ante in its push for a radical shake-up of Super Pit owner Northern Star Resources.
Brett McKeon founded AFG in 1994 alongside Kevin Matthews, Malcolm Watkins and the late Brad McGougan, running the company until transitioning to a non-executive directorship seven years ago.
Vulcan Energy Resources executive chair Francis Wedin will step down from the top job and transition into a consultancy role.
SGH chief executive Ryan Stokes has been appointed chair of Australia’s biggest media group, Southern Cross Media.
Adrian Lowe
The corporate watchdog has cleared Mineral Resources founder Chris Ellison and board members over a series of scandals that rocked the miner in late 2024 and shaved billions of dollars off its market value.
Woodside’s boss has shrugged off reports the director did not fully disclose his involvement in an activist campaign against Northern Star Resources, as the energy giant considers elevating him to chairman.
Rebecca Le May
Fortescue has suspended an executive at the centre of a sexual harassment investigation, days after defending its decision not to do so.
Bosses are cycling through Australia’s biggest companies 40 per cent faster, but what gets them fired has changed even more dramatically, with non-financial failures now behind most sackings.
Ben Wyatt believes Australia’s resources sector needs to get better at communicating its worth to society and that hostility towards politicians has veered into ‘dangerous territory’.
The activist investor agitating for change at Northern Star has flung mud back at the gold miner’s board.
Telstra has lifted profit and shareholder returns by charging mobile customers more but investors marked the stock down after signs some higher-paying customers are drifting away.
Telstra boss Vicki Brady has copped a more than $600,000 penalty for an outage in July that left up to 25 million people without phone coverage.