Directors walk out of DJs’ parent firm

Original article by Sue Mitchell
The Australian Financial Review – Page: 21 : 13-Feb-19

Gail Kelly and Patrick Allaway have resigned from the board of Woolworths Holdings. They had been re-elected as non-executive directors of the South Africa-based group in late 2018, prompting investors to speculate about the reason for their departure. Woolworths Holdings owns Australian department store chain David Jones, whose CEO David Thomas recently resigned for personal reasons. An investigation by law firm Ashurst had previously cleared him of a discrimination allegation.

CORPORATES
WOOLWORTHS HOLDINGS LIMITED, DAVID JONES LIMITED, ASHURST LLP, WESTPAC BANKING CORPORATION – ASX WBC, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD, COUNTRY ROAD LIMITED

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