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Showing 11 - 20 of 2219 results for "Directors"

WAM Leaders, QV Equities to merge

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
... expected to increase by $238.8 million. WAM Leaders' chair and chief investment officer Geoff Wilson said the board of directors is confident that the Scheme of Arrangement will deliver benefits to shareholders by creating a larger capital and shareholder ...

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... framework for APRA-regulated entities in the banking, insurance, and superannuation industries, specifically among their directors and senior executives. It replaces the BEAR, which came into effect on 1 July 2018.

Vanguard chief executive Tim Buckley to retire

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... announced his retirement, set for the end of 2024, after three decades at the investment manager. Vanguard's board of directors is actively searching for Buckley's successor, considering both internal and external candidates to lead the company. ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... Guo, from leaving Australia. The corporate regulator is currently investigating Guo and two other Blockchain Global directors, Samuel Xue Lee and Zijang (Ryan) Xu, for their involvement in the failure of a cryptocurrency exchange. Blockchain Global launched ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... typical of listed fund managers. As of November 2023, the composition of the six-member board boasted five non-executive directors, among whom three possess "relevant" financial services expertise, alongside executive chair Andrew Formica. Morningstar ...

ASIC issues interim stop orders against Keystone

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... associated with investments in funds related to Keystone or how it manages said conflicts; don't disclose a change in the directors of Keystone or any information about a new director, skills, experience, and role; and failed to clearly disclose the ...

Clime avoids board spill

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... shareholder. 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. Torres proposed three new appointees: Peter ...

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... Alex Ihlenfeldt, chair Tim Samway, chief operating officer and chief financial officer Tony Hammond, and investment directors Matthew Webb and Justin McLaughlin.

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... businesses and individuals who develop and use AI are already subject to various Australian laws. For example, current directors' obligations under the Corporations Act are principal-based and apply broadly, as companies increasingly deploy AI. "In 2022 ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... aligns with members' best interests. "...some of the smallest funds are making the biggest payments for so-called directors fees and for services rendered. So, I think in many cases, they're just sweetheart deals," Bragg said. Moreover, Bragg ...