DJs investors rattle a restless board

The campaign to retain Paul Zahra as David Jones chief is misguided for many reasons. In that context, institutional pressure on the board can be seen as an obvious intimidation tactic.

The conflation of the issue of directors’ share trading with the foreshadowed departure of David Jones chief executive Paul Zahra is a transparent attempt by some institutional shareholders to put pressure on the battling retailer's board.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles