Archived News for Executives and Senior Management
The Federal Government has passed an amendment to the Corporations Amendment Act 2011 that will clarify how the chair of an annual general meeting may direct proxy votes.
“An exception was provided to allow the chair of an annual general meeting to vote undirected proxies where the shareholder provides informed consent for the chair to exercise the proxy. The Government’s intention on this matter is clearly set out in the Act and its associated material, however there was some confusion as to whether this exception also applied to the non-binding vote on remuneration,” Parliamentary Secretary to the Treasuer Bernie Ripoll said.
Mr Ripoll said the amendment clarifies that the chair of an AGM will be able to exercise undirected proxies for the non-binding remuneration vote, where a shareholder provides their express authorisation to the chair in accordance with the requirements of the ASX Listing Rules for meetings.
New CEO for Fletcher Building
New Zealand construction giant Fletcher Building has announced Jonathan Ling will retire from the position of Chief Executive Officer and Managing Director at the end of September, to be replaced with Mark Adamson.
Scroggie takes the helm at NextDC
Cloud computing specialist NextDC has announced the appointment of Craig Scroggie as the company's new Chief Executive Officer, replacing Bevan Slattery who will continue as Executive Director and Chairman.
UCU appoints Joe Roff as CEO
The University of Canberra Union (UCU) has appointed former Wallabies and Brumbies player Joe Roff as its Chief Executive Officer.
ABC gets new International CEO
The Australian Broadcasting Corporation (ABC) has announced it has appointed Lynley Marshall as the group’s new CEO, ABC International.
EISS appoints new CEO
Energy Industries Superannuation Scheme has announced the appointment of Alex Hutchinson as the group’s new Chief Executive Officer.
Former AWB CFO admits to wrongdoing
Paul Ingleby, the former Chief Financial Officer of the Australian Wheat Board (AWB), has admitted to breaching his duties as on officer surrounding the Oil-for-Food Programme.
WA appoints MRA chief
The Western Australian Government has announced the appointment of Kieren Kinsella as the chief executive officer of the recently established Metropolitan Redevelopment Authority (MRA).
Dr Watson appointed CEO of NHPA
The Federal Government has welcomed the appointment of Dr Diane Watson as the inaugural Chief executive Officer of the National Health Performance Authority (NHPA).
Global situation weighs heavily on CIOs
The worsening sovereign debt situation and general global uncertainty are beginning to effect the general outlook of the country’s Chief Investment Officers (CIO) according to the latest Financial Services Council Chief Investment Officer Index.
Hayes to step down from Brambles
Logistics giant Brambles has announced its Chief Financial Officer, Greg Hayes, has indicated his intention to retire from the company. Mr Hayes will step down from the company’s Board in October, but will remain in his CFO position until March next year to facilitate a smooth transition to his successor.
Susan Pascoe nominated as Commissioner of ACNC
The Federal Government has nominated Sussan Pascoe to become the first Commissioner of the new Australian Charities and Not-for=profits Commission (ACNC).
Gallop stands down from rugby top job
The Australian Rugby League Commission has announced David Gallop will stand down from his position as CEO following a ‘mutual agreement’ struck with the board.
New CEO for ARC
The Federal Government has announced the appointment of Professor Aidan Byrne as the new CEO of the Australian Research Council.
New director for ACA
The Australian Constructors Association has announced the appointment of Lindsay Le Compte as the association’s new Executive Director. Mr Le Compte will take the role after Jim Barrett retires after 17 years in the position.
WA announces South-West water board appointments
The Western Australian Government has announced new appointments for the South-West’s two regional water service suppliers, Busselton Water and Aqwest.
City of Perth looks for new CEO
The City of Perth is looking for a new CEO following the retirement of Frank Edwards after a decade in the position.
Government recruits Australian Small Business Commissioner
The Australian Government is looking to fill the new position of Australian Small Business Commissioner.
Hackett to join iiNet board
Internet Service Provider Internode’s founder Simon Hackett has announced he will step down from his executive duties to assume a seat the board of the company’s new owner, iiNet.
Kohler departs MUP
Renowned financial journalist and media entrepreneur Alan Kohler has stepped down from his position of Chair of the Board of Melbourne University Publishing. Former Provost and Executive of the University of Melbourne, Professor Peter McPhee, will replace Mr Kohler.
MacKenzie to step down from Pacific Brands
James MacKenzie has announced he will stand down from the role of chairman of Pacific Brands after serving four years in the role.