Business
Activists question Boral’s director appointments – The Australian Financial Review
Boral chairman Kathryn Fagg is standing by her decision to appoint Ryan Stokes and Richard Richards from Seven Group Holdings as directors.
At the time of the appointment of Stokes and Richards last month, Boral released a notice for the annual meeting being held on October 27. The notice said Seven Group agreed to “protect the confidential information of the Boral Group, and address any potential conflicts of interest that may arise”.
Also, Stokes and Richards must resign from the board if Seven Group’s stake falls below 15 per cent.
Kerry and Ryan Stokes’ Seven Group has taken two board seats at Boral. Melissa Adams
There has …
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