Billionaire mining magnate Andrew Forrest will reprise his role as executive chairman at the company he founded nearly two decades ago as it transitions into a global green energy giant.
It’s an extraordinary call that will alarm those investors already worried about Andrew Forrest’s relentless recalibration of the company around green hydrogen.
The Perth-based mining engineering firm is already dealing with a profit downgrade and a regulatory hit after failing to disclose an internal power struggle that forced out its chief executive.
The ban follows a Takeovers Panel finding last week that the trio breached the Corporations Act by failing to disclose their association to the Australian Securities Exchange.
David Fyfe joined the State Government-owned utility two years ago after more than a decade with Western Power.
The panel believes the managers who banded together to force change at DRA breached the Corporations Act by not disclosing their association.
The former investment banker has shaken up WA’s biggest private health insurer since taking the helm in 2017.
The AGL Energy board's push to demerge the company with the 75 per cent approval of shareholders is facing a fresh hurdle after a billionaire bought up shares.
Two and a half months after pleading guilty to breaching WA’s tough COVID border controls, the millionaire businessman will keep his position as a non-executive director of Perth-based APM and Strike Energy.
Paul O’Malley will take the helm of Australia’s biggest bank after current chair Catherine Livingstone revealed she would retire later this year.
Herd on the Terrace: These three WA listed companies have held a secret meeting to talk strategy on how to retain COVID-19 breacher Nev Power on their boards following his eight-month suspended jail sentence.
More than half of Australia’s company directors don’t trust the Federal Government ahead of next month’s election, and most also back the establishment of an anti-corruption watchdog.
An expert in corporate governance says the besieged corporate high-flyer’s breach of strict coronavirus border controls is akin to British Prime Minister Boris Johnson’s lockdown parties.
Three WA ASX-listed companies are still refusing to discuss the absence of non-executive director and convicted border cheat Neville Power.
Boral’s chief finance officer has left the building products group as part of Seven Group Holdings’ “transformation and operating improvement” of the company.
A director of Decmil will take on interim chief executive duties at the embattled contractor following the shock resignation of Dickie Dique.
After the social media company took steps to ward off his takeover attempt, billionaire Elon Musk attacked the board and accused it of acting outside shareholder interests.
A Queensland start-up focused on face masks says ex-Joondalup Health Campus boss Kempton Cowan had little to do with it before resigning as a director last week following charges linked to child abuse material.
WA business heavyweight Nev Power remains on the boards of three Perth-headquartered ASX companies despite four weeks passing since he admitted breaching the State’s tough COVID border controls.
The WA businessman is still on a leave of absence from three ASX-listed company boards after nearly seven weeks, and two months since he pleaded guilty in court.
Rio Tinto’s incoming chairman Dominic Barton has conceded the mining giant has “some work ahead” to create a safe, respectful and inclusive work environment.
Decmil has sought to reassure investors that it remains a going concern after the contractor was forced to slash its revenue and earnings guidance while revealing its chief executive had resigned.
Former AMP chair Catherine Brenner, who resigned after the fee-for-no-service scandal, has been elected to the board of Westfield operator Scentre Group.
Three WA-based ASX-listed companies continue to remain silent about the future of Nev Power on their boards despite two weeks elapsing since his conviction for breaching COVID border rules.
Stuart McKinnon and Adrian Lowe
© West Australian Newspapers Limited 2022