ACSI backs director resolutions

Original article by Andrew White
The Australian – Page: 21 : 29-Nov-19

The Australian Council of Superannuation Investors will back the re-election of four Westpac directors at the bank’s upcoming annual meeting. ACSI chair Louise Davidson says it would have voted differently if Westpac CEO Brian Hartzer had remained at the helm and chairman Lindsay Maxsted had not agreed to bring forward his retirement. Davidson adds that Maxsted’s successor will need to ensure that Westpac’s board has the right mix of skills to prevent another money-laundering scandal.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIAN COUNCIL OF SUPERANNUATION INVESTORS INCORPORATED, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, FEDERAL COURT OF AUSTRALIA

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