Chair Peeps are just side jobs, or retirement jobs. Aim is to hold about two or three at once. How many chair’s does the Virgin CEO hold? How can one run such a business yet oversee all that other stuff? Who could forget, the business collapsing during peak strains and she is in the Royal box at Wimbledon attending to her other chair responsibilities.
Bryan at Virgin was another. CEO ran rampant, did nothing. Yet when it all collapsed, threw him under the bus on Four Corners? Goyder at Wesfarmers, had the Target CEO doing all sorts of shifty **** with the numbers, now he never sacked him, he sacked himself.
The only way Alan will go is if he sacks himself. His departure will be on his watch and his financials. The chair is just a puppet.