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Showing 191 - 200 of 2423 results for "Directors"

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... claiming to have insider influence. Cbus, which has a 14-member board comprising an equal number of employer and union directors, including three CFMEU representatives, has since come under scrutiny for possible conflicts of interest. A Cbus spokesperson ...

DG Institute to pay near $20m for misleading courses

MATTHEW WAI  |  WEDNESDAY, 24 JUL 2024
... carefully considering the court's judgement, it said. "These orders underscore the importance for businesses and company directors to ensure statements made to consumers... and clearly demonstrate the consequences of making false claims when promoting ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... board composition of both Cbus and BUSSQ, funds catering to the construction industry, is under scrutiny. At Cbus, CFMEU directors occupy three of the six union-appointed positions on its 14-member board. Meanwhile, BUSSQ has three of its four union-appointed ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

Clime chief executive resigns

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... whereby major shareholder Torres Industries, which is associated with former Clime chair Don McLay, attempted to oust directors John Abernethy, Michael Kollo, Susan Wynne, Claire Bibby, and Ronni Chalmers. Donat commented: "Throughout this time, we have ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... responsibility and accountability framework to improve the risk governance cultures of APRA-regulated entities, their directors, and most senior executives. As part of the new update, ASIC and APRA have released an amendment to the regulator rules, which ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... or 6.57%. The cohort also wanted to remove chief executive Garry Crole and non-executive director Kevin Pattison as directors at an extraordinary general meeting (EGM) in June. Shareholders voted in favour of Crole and Pattison keeping their positions ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... of interest arising from Payne being a director of MAM while acting as a responsible manager. Payne and Atkins were directors of MAM from 30 August 2018 to 13 July 2022. Payne, who was the responsible manager and sole director of Guildfords, has therefore ...

QIC beefs up energy team

ELIZABETH FRY  |  FRIDAY, 21 JUN 2024
... a platform of 10 energy and utilities assets globally, via a team of 25 investment specialists and 25 non-executive directors and advisers. Last year QIC acquired Bluecurrent, an Australasian smart metering business, adding to its portfolio that also ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... group of shareholders of their plan to propose resolutions to remove Crole and non-executive director Kevin Pattison as directors and replace them with head of professional services Brent Jones and former Xplore Wealth chair Peter Brook. Those resolutions ...