Those who believe taking the chairman’s scalp will allow a sigh of relief that the crisis has been averted should watch this space.
Let’s be clear – whatever the blurry and potentially aggressive airport altercation Nine chairman Peter Costello had with a News Corp journalist, it wasn’t enough to see him marched into the board’s departure lounge.Those who believe taking Costello’s scalp will allow the remainder of the Nine board and chief executive Mike Sneesby to breathe a sigh of relief that the crisis has been averted should watch this space.
However, Sneesby survived in what could be described as a near death experience. To have done so, Sneesby needed the support of chairman Costello, and the chairman needed most Nine’s non-executive directors to fall into line. As for the board, its dynamics have subsequently undergone a change. Costello’s wrangle with a Murdoch journalist was seemingly enough to fuel the Nine board’s tinderbox.
But the incident, which went viral, was potent enough to hijack the agenda at Nine’s board meeting last Friday.And he may not be the last casualty. Costello’s leaving statement referred to a board refresh that he said had been raised at the end of last year.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chalmers takes swipe at Costello as Nine board convenes over crisisAs the Nine board convened on Friday to discuss the fallout from sexual harassment allegations, its chairman Peter Costello was under scrutiny.
Read more »
Chalmers takes swipe at Costello as Nine board convenes over crisisAs the Nine board convened on Friday to discuss the fallout from sexual harassment allegations, its chairman Peter Costello was under scrutiny.
Read more »
Chalmers takes swipe at Costello as Nine board convenes over crisisAs the Nine board convened on Friday to discuss the fallout from sexual harassment allegations, its chairman Peter Costello was under scrutiny.
Read more »
Nine board chairman Peter Costello quitsThe former treasurer stepped down as chairman of Nine Entertainment Co days after allegations he shoved a reporter at Canberra Airport.
Read more »
Nine board chairman Peter Costello quitsThe former treasurer stepped down as chairman of Nine Entertainment Co days after allegations he shoved a reporter at Canberra Airport.
Read more »
Nine board chairman Peter Costello quitsThe former treasurer stepped down as chairman of Nine Entertainment Co days after allegations he shoved a reporter at Canberra Airport.
Read more »