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Myer stands by man

Myer chairman Paul McClintock and deputy chairman Rupert Myer have supported department store chief Bernie Brookes after a firestorm of abuse against the company on social media. Mr Brookes last week made comments about the burden of taxes on consumer spending, viewed by some as an attack on the disability insurance scheme.
By · 10 May 2013
By ·
10 May 2013
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Myer chairman Paul McClintock and deputy chairman Rupert Myer have supported department store chief Bernie Brookes after a firestorm of abuse against the company on social media. Mr Brookes last week made comments about the burden of taxes on consumer spending, viewed by some as an attack on the disability insurance scheme.
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Frequently Asked Questions about this Article…

Myer chief Bernie Brookes made comments last week about the burden of taxes on consumer spending, and those remarks prompted a firestorm of abuse against the company on social media, with some people viewing the comments as an attack on the disability insurance scheme.

Myer chairman Paul McClintock and deputy chairman Rupert Myer publicly supported chief executive Bernie Brookes following the social media abuse, standing by him amid the controversy.

According to the article, Bernie Brookes' comments about the burden of taxes on consumer spending were viewed by some as an attack on the disability insurance scheme, though the piece does not provide further detail or confirm intent.

Investors should monitor company statements, leadership actions, and any further developments in public sentiment or media coverage that could affect Myer’s reputation, while noting that the company’s chairman and deputy chairman have already expressed support for the CEO.

While the article confirms a strong social media backlash and leadership support for the CEO, it does not provide direct evidence of financial impact; investors should stay informed about any operational or financial updates from Myer.

The senior figures mentioned are Myer chief Bernie Brookes, chairman Paul McClintock, and deputy chairman Rupert Myer, with McClintock and Rupert Myer publicly backing Brookes.

No. The article only reports the remarks by Bernie Brookes, the subsequent social media backlash, and the support from chairman Paul McClintock and deputy chairman Rupert Myer; it does not mention any policy changes.

Investors should consult official company statements, regulatory filings, reputable news coverage, and watch for comments from company leadership—such as the public support offered by Myer’s chairman and deputy chairman in this case—rather than relying solely on social media reactions.