Business
Solomon Lew gears up for another attempt to oust Myer management – Sydney Morning Herald
Solomon Lew may look to garner support from minority Myer shareholders to topple the department store’s management after formally requesting its shareholder reg…
As Mr Lew has been a fierce opponent of Mr Hounsell since his appointment in 2017, it is highly likely the retailer will be asking minority shareholders to oppose his re-election. Premier could also vote against the company’s remuneration report, which may cause a “first strike” against the board.
However, Mr Lew’s planned missive to shareholders could also garner support for a broader board refresh. In 2018, Mr Lew made a similar move, writing to shareholders to ask their support in issuing a …
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