Executive shake-up
Opinion
Opinion
Behind Fortescue’s executive revolving door
In the cult of Andrew Forrest not all disciples who sign on can operate under this messianic leader or within its governance structure.
- by Elizabeth Knight
Latest
Disney plot twist: Prodigal son returns, dumped CEO set to leave with $35m package
Bob Iger brought Star Wars, Pixar and Marvel under the Disney marquee before moving aside for his hand-picked successor. Now he is back in the top job.
- by Lisa Richwine and Dawn Chmielewski
Andrew Forrest loses boss of his private empires
There has been a shake-up in the empire of Australia’s richest man with Andrew Hagger surprisingly stepping away from leading its multi-billion dollar investment and philanthropy arms.
- by Peter Milne
Updated
Mirvac
Shake-up at building giant Mirvac with CEO, chairman to exit
The boss of property giant Mirvac will retire next year after a decade at the top in a shake-up for the $7.7 billion company.
- by Simon Johanson
Investing legend gives up control of $231b goliath after 12 years of trying
Ray Dalio founded Bridgewater from his two-bedroom New York City apartment and built it into the world’s biggest hedge fund. Now the billionaire is finally letting go.
- by Erik Schatzker
AGL shake-up leaves Cannon-Brookes’ Grok Ventures cold
Major AGL shareholder Grok Ventures - the private investment company owned by Mike Cannon-Brookes - isn’t impressed by the appointment of Patricia McKenzie as the new chair.Â
- by Simone Fox Koob
Revenge of the founders: The power struggle that has rocked Wall Street
Carlyle Group CEO Kewsong Lee was negotiating a new $US300m pay deal before he suddenly departed, shining a light on a generational power struggle in one of the most lucrative, powerful and secretive corners of finance.
- by Maureen Farrell and Peter Eavis
Credit Suisse CEO set to exit as upheaval continues at scandal-plagued giant
Thomas Gottstein gained kudos early in his tenure after taking over in 2020 following a spying scandal, only to see his own reputation tainted.
- by Marion Halftermeyer
Updated
APRA
APRA chair Wayne Byres to step down
The country’s top banking regulator has been at APRA since it started in 1998 and has spent eight years in the top job, leading it during a tumultuous period.
- by Clancy Yeates
Gordon Cairns to exit as Woolies chair after seven years
Retail giant Woolworths will see a changing of the guard in October with long-serving chairman Gordon Cairns to step down.
- by Emma Koehn
Inside the billionaire family plot to oust Volkswagen’s CEO
Volkswagen’s dramatic move to push out its combative chief executive officer was set in motion a week ago.
- by Monica Raymunt and Christoph Rauwald