Business
‘All strong leaders have detractors’: Former Cleanaway chairman – The Australian Financial Review
Martin Hudson, who appointed Vik Bansal in 2015, says the controversial CEO “absolutely was the man for the job” and he has been vindicated in the appointment.
In recent weeks a number of companies have suffered resignations following governance crises, such as AMP chairman David Murray, Rio Tinto boss Jean-Sébastien Jacques and QBE boss Pat Regan, or demotions, such as AMP Capital boss Boe Pahari.
Mr Bansal is now receiving “mentoring” and is subject to “enhanced reporting and monitoring”.
Mr Hudson, now chairman of Talaria Capital, said Mr Bansal had performed “the type of actions that were needed and the speed with which they needed to be implemen…
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