Business
AMP chairman David Murray resigns, top exec Boe Pahari stands down – Sydney Morning Herald
David Murray has resigned and Boe Pahari has stepped down over mounting investor pressure for accountability.
“These changes respond to feedback expressed by some major shareholders regarding the appointment of Mr Pahari as AMP Capital CEO on 1 July 2020,” AMP said in a statement.
AMP promoted Mr Pahari to lead AMP Capital after penalising him $500,000 or a quarter of his annual bonus as part of the settlement of a sexual harassment complaint made by former colleague Julia Szlakowski in 2018.
Details of the complaint were made public last week causing major investors and federal politicians to call fo…
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