Woolworths: AGM 2015

There were few surprises at today’s Woolworths annual general meeting. But shareholders used the opportunity to blow off steam.

New chairman Gordon Cairns must be a glutton for punishment. Fresh from facing shareholders at Origin Energy’s annual meeting last month, today he stepped into the boxing ring with shareholders at Woolworths’ annual meeting.

Having agreed to take on the role of Woolworths’ chairman only two months ago, Cairns can’t say he wasn’t warned. But he handled the meeting with aplomb and was generally pretty impressive.

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