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Myer chair quits but biggest shareholder Solomon Lew wants entire board gone – NEWS.com.au
Myer chair quits but biggest shareholder Solomon Lew wants entire board gone
The chairman of Myer has quit but its not enough for the ailing department store chains biggest shareholder, retail veteran Solomon Lew, who has again called for the entire board to step down.After Myer posted a full-year statutory loss of $172.4 million last month – the second biggest in its history – Premier Investments chairman Solomon Lew labelled the result “dire”, “disastrous” and “shameful” and called for the immediate resignation of the entire board.
Wilson Asset Management chimed in – albeit…
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