Business
QBE’s silence triggers shareholder outrage – Motley Fool Australia
Insurance giant sacked its CEO this week without any details on the reasons. Now investors and analysts call for transparency and certainty.
Investors are demanding transparency after QBE Insurance Group Ltd (ASX: QBE)suddenly sacked its chief executive with no details on why.
The insurance giant announced Tuesday morning that Pat Regan had been terminated from his position.
The company gave no information other than to say Regan was fired because his “workplace communications” did not meet the code of ethics and conduct.
So shareholders have been left to guess what had gone on, and whether the penalty was appropriate.
According …
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