KoutaGnome
Senior List
- Oct 16, 2015
- 197
- 569
- AFL Club
- Carlton
What about mike Fitzpatrick
As CEO??
Fitzpatrick is Chairman of PAC (Pacific Current Group), a 'boutique investment' firm.
Apparently there was a shareholder revolt late last year after $200 million was wiped off PAC's market value in just over 2 years.
Mike was Chairman during that period, whilst he was at the AFL.
The rebel investor's leader, Michael de Tocqueville said "The shareholders have decided to come together because of their concerns relating to the poor corporate governance and risk-management practices of their company..."
$200 million losses, accusations of poor governance and a shareholder revolt - not great on a resume....
http://www.theaustralian.com.au/bus...t/news-story/dc1add362caaf36651e2ec72114bce99
http://www.smh.com.au/business/cbd/...hairman-mike-fitzpatrick-20170307-gusa3s.html