Original article by Sue Mitchell
The Australian Financial Review – Page: Online : 7-Nov-17

The Australian Shareholders’ Association has urged Harvey Norman shareholders not to vote for the re-election of chairman Gerry Harvey and two other directors at its AGM on 16 November. If the nominated three directors are re-elected, the ASA contends Harvey Norman will no longer have an independent board as from December. Under its guidelines, any director that has been on a board for more than 12 years is no longer deemed independent. The ASA also plans to vote against Harvey Norman’s remuneration report, while it will also urge Wesfarmers’ shareholders to vote against its remuneration report at its AGM, to be held on the same day.

CORPORATES
AUSTRALIAN SHAREHOLDERS’ ASSOCIATION,HARVEY NORMAN HOLDINGS LIMITED – ASX HVN,WESFARMERS LIMITED – ASX WES,AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION,ASX LIMITED – ASX ASX