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Showing 1651 - 1660 of 2433 results for "Directors"

Investorfirst board in chaos

STAFF REPORTER  |  WEDNESDAY, 10 OCT 2012
The board of stock broking firm Investorfirst is in chaos after one of its executive directors moved to requisition a special meeting of shareholders to remove three of his fellow board members, according to The Australian. As reported in the broadsheet ...

Super fund backs News Corp independence push

BEN COLLINS  |  FRIDAY, 5 OCT 2012
... The fund for Australia's timber, pulp, paper, and furniture industries will also try and block the election of four directors including James and Lachlan Murdoch. Leading the calls to have Murdoch replaced as chairman are the US-based Christian Brothers ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 OCT 2012
... movers Fletcher Building, Vector, Telecom and Ryman Healthcare. Fisher and Paykel Appliances rose after its independent directors urged shareholders to reject Haier's takeover offer. The NZX 50 Index rose 7.61 points, or 0.2 per cent, to 3,881.99, the ...

Razor to board's pay follows PwC review

BEN COLLINS  |  WEDNESDAY, 26 SEP 2012
Perpetual's directors have had their pay slashed after a review by PricewaterhouseCoopers found that they were overpaid. After the ASX-listed financial services company's 2011 annual general meeting returned a 26% 'no' vote on the remuneration package ...

ASIC civil case a dead duck: Storm founders

MELANIE TIMBRELL  |  THURSDAY, 20 SEP 2012
... at the time of question. He added the Cassimatis were in fact entitled to expose Storm Financial to harm as the sole directors and shareholders of the company and that ASIC had audited Storm in 2005, three years prior to the collapse and had not raised ...

Banks take Bell Group case to High Court

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
... asked the High Court for leave to appeal on the grounds of questions around the extent to which courts can intervene in directors' decisions to attempt to save distressed companies. What obligations the directors have to treat all creditors equally and ...

Cbus takes lead on trustee disclosure

BEN COLLINS  |  MONDAY, 17 SEP 2012
... Representative bodies have welcomed a decision by construction industry fund Cbus to disclose how much it pays trustee directors and senior executives in its annual report, due out later this week. It is a move expected to be mirrored in the upcoming ...

Treasury seeks to boost APRA powers

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... Proposed new changes from Treasury would see the prudential regulator awarded pre-emptive powers to remove trustees, directors or officers of a superannuation fund where a breach of law was anticipated. The move was part of a broad-reaching consultation ...

Mid-level PE an outstanding opportunity

BEN COLLINS  |  THURSDAY, 13 SEP 2012
... looking to come in and change something that has been doing well and turn it around," said Pohl. Joining Pohl as managing directors in the new business are former Pinnacle Private Equity join managing directors, Bill Cook and Peter Ludemann, both of ...

ISN blasts FSC's independence policy

BEN COLLINS  |  WEDNESDAY, 12 SEP 2012
... Network (ISN). Policy released last month by the representative body provided mandatory guidelines that said a majority of directors on superannuation trustee boards must be independent. The draft policy, which will become mandatory for FSC members after ...