Magellan Financial and Dexus part ways with CEOs
Both Magellan Financial and property company Dexus have parted ways with their CEOs.
Magellan CEO David George left just nine weeks after Andrew Formica took his job as Chairman, and this marks the fourth CEO in less than two years.
The company’s share price also plunged to a five-year low, a far cry from its glory days above $65 a share back in early 2020 under former CEO Hamish Douglass.
With Dexus, its CEO Darren Steinberg had been with the $17.4 billion property giant for almost 11 years.
Dexus also had one of Australia’s original skyscrapers – Australia Square in Sydney, and another notable property it had was the Rialto Towers in Melbourne.
Видео Magellan Financial and Dexus part ways with CEOs канала Sky News Australia
Magellan CEO David George left just nine weeks after Andrew Formica took his job as Chairman, and this marks the fourth CEO in less than two years.
The company’s share price also plunged to a five-year low, a far cry from its glory days above $65 a share back in early 2020 under former CEO Hamish Douglass.
With Dexus, its CEO Darren Steinberg had been with the $17.4 billion property giant for almost 11 years.
Dexus also had one of Australia’s original skyscrapers – Australia Square in Sydney, and another notable property it had was the Rialto Towers in Melbourne.
Видео Magellan Financial and Dexus part ways with CEOs канала Sky News Australia
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
ASX 200 predicted to kick off Monday in positive territory by a ‘decent margin’
Wall Street markets ‘relatively strong’ over the weekend
International student cap to help ‘alleviate’ housing market pressure
PNG has had up to five 'significant' natural disasters in 2024
Resources ‘a little bit stretched thin’ in PNG following landslide
ASX 200 closes up 0.79 per cent on Monday
Growing ‘resistance’ toward renewables as projects continue to get larger
'Everybody is concerned about' the economy ahead of the next federal election
Landslide triggers building collapse in Mexico
Politicians need to 'get beyond the Canberra bubble' and think about regional Australia
‘We found a way to help her’: Ricky Stuart opens up about his charity work
No-confidence vote against PNG PM ‘has been expected’
Parkes Elvis Festival to celebrate its 32nd year
Qld public transport hasn’t recovered ‘anywhere near’ pre-pandemic levels
Black bear caught roaming the streets of Florida
‘Pretty sensible policy’: Government cracking down on foreign students
Australia’s deaf football team on their way to compete in US
'A microcosm of the best of Australia': Former deputy PM on NSW town of Parkes
Plane makes emergency crash landing in southwest Sydney
‘Hypocrisy’: Democrat calls out ‘woke elites’ for Martha’s Vineyard reaction
Elon Musk scores huge win as Twitter caves to his requests