Head in the sand
ANZ CEO Luxon told the Board and EB in no uncertain terms that JB was running the place into the ground in 2017. The Chair and the Board went with JB, and ANZ exited. To now say that the board had no idea that the CEO was running a poor business, including 5 years of losses is chutzpah on steroids
Interesting to see what happens to their collective Directors insurance premiums, this year