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Showing 231 - 240 of 2423 results for "Directors"

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... dishonestly," said ASIC deputy chair Sarah Court. "Today's criminal outcome sends a strong message that dishonest conduct by directors will be investigated and prosecuted." Naseeruddin's pleas of guilty were considered in sentencing, among other ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
New research finds most directors are concerned their boards aren't fully ready to meet new workplace sexual harassment laws introduced this week. Effective December 12, the Australian Human Rights Commission is now enforcing the Positive Duty under ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... Longo has also made clear that boards will be held to account when things go wrong on the cyber front. "ASIC expects directors to ensure their organisation's risk management framework adequately addresses cybersecurity risk, and that controls are ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... investment scheme run by Linchpin Capital. Endeavour Securities was the responsible entity. The Federal Court later found the directors of the scheme had used money sought from investors for their personal use, including signing off on significant loans ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... the management team throughout the process. Led by the fund's chair John Atkin, the committee also comprises board directors Lorraine Berends, Luke Murray, Klair Safier, and Richard Garner. Meanwhile, the Qantas Super leadership, including Clancy ...

AMP adds to board

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... Anna Leibel to its board following the exit of non-executive director Kate McKenzie. AMP said the new non-executive directors will start their roles at the beginning of January, coinciding with the next phase of the company's strategic journey. It explained ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... Berkshire and will be acknowledged and corrected. We have the right chief executive to succeed me and the right board of directors as well." In the short-term, Berkshire's distinctive characteristics and behaviour will be supported by Buffett's ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
GQG Partners has failed to get support from River Capital to acquire Pacific Current Group (PAC), leading the latter to wrap up the transaction process. PAC will dissolve the independent board committee (IBC) it installed earlier this year to review ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... paid in cash for very PAC share via a scheme of arrangement as proposed in a letter dated November 7, PAC's board of directors said, adding that it was a move GQG was not aware of. GQG's proposal values PAC at $567.3 million, in which the target flagged ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... fund manager's board. Eales also chairs the remuneration committee. While Eales narrowly secured his seat, four other directors were also approved. This includes Andrew Formica who recently took over as executive chair following the swift departure of ...