Business
James Packer and Crown save directors from shareholder revolt over NSW inquiry – The Guardian
Minor shareholders vote against three directors, delivering a ‘first strike’ to the casino operator’s board
Minor shareholders have delivered a stinging rebuke to the Crown Resorts board, voting strongly against the re-election of three directors and delivering a first strike against the remuneration report, after what one shareholder described as shocking revelations in the NSW probity inquiry.
But the Crown board will remain largely unchanged, after billionaire James Packer used his 36% shareholding to save the directors.
The allegations before the NSW Independent Liquor and Gaming Authority have included…
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