Australian Institute of Company Directors

Master Builders Association WA executive director Michael Mclean has announced plans to retire at the end of this year while former Perth business director Suzanne Ardagh has been appointed to lead Lester Blades’ board advisory service.

Fourteen females have been inducted into the WA Women’s Hall of Fame today as part of International Women’s Day, while a new report out reveals a spike in female board appointments to start the year.

Former banker and company director Warwick Kent, who led the revival of Bankwest after big losses in the early 1990s and through its subsequent privatisation, passed away this week at his home in NSW.

Department store sales helped retail spending rebound sharply in February, but economists aren't getting carried away by the surprisingly strong result.

More women than men are being appointed to the boards of Australia's top 200 companies for the first time on record.

New data out today shows female participation on ASX 200 boards has increased to 27.7 per cent in May, however five companies, including Perth-based Ausdrill, still have no female directors.

Gold producer Resolute Mining has appointed Sabina Shugg as a non-executive director, while new data from the Australian Institute of Company Directors has revealed an uptick in female participation on ASX 200 boards.

Two major organisations have recently honoured successful Western Australians, with the Australian Institute of Company Directors presenting exellence awards to Wayne Osborn and Erica Smyth, while Curtin University has recognised the achievements of two former 40under40 winners.

Women accounted for 29.7 per cent of ASX200 board members by the end of last year, an increase of more than 10 percentage points since the Australian Institute of Company Directors in 2015 called for ASX200 companies to achieve 30 per cent female representation on boards by the conclusion of 2018.

Sydney-based property company GPT Group has announced the appointment of Tracey Horton as a non-executive director, the second Western Australia-based director to join its board.

With the federal election just a month away, the confidence of Australia’s company directors is at its lowest point in over two years, according to the latest Australian Institute of Company Directors’ (AICD) Director Sentiment Index.

The proportion of women on the boards of ASX200 companies has fallen for the first time in four years, putting a dent in the Australian Institute of Company Directors’ 30 per cent gender diversity target.

More than 1,300 people attended a National Reconciliation Week breakfast this morning in Perth and heard newly installed minister Ken Wyatt deliver a positive message about progress to date and urge optimism and trust for the future.

New data from the Australian Institute of Company Directors shows that women make up only 29.7 per cent of directors on ASX 200 boards, with WA’s NRW Holdings and Emeco Holdings among four companies that have no women on their boards.

Nickel miner Panoramic Resources has announced Victor Rajasooriar will commence as its new managing director and chief executive on November 11.

The Australian Institute of Company Directors has announced EON Foundation chair Caroline de Mori and South Coast Natural Resource Management board member and audit committee chair Joanne Gilbert as the winners of the PwC Director Awards for Excellence in the Not-for-Profit Sector in WA.

Sipa Resources managing director Lynda Burnett has announced her resignation, after serving more than five years in the role, and will join the board at Regis Resources as an independent non-executive director.

ASX200 boards now feature 30 per cent women for the first time ever, according to the Australian Institute of Company Directors, leaving just seven companies in that index without female representation on their board.

SPECIAL REPORT: WA companies are making workplaces more equitable but more change needs to come from those at the top.

Flexibility and clarity are two attributes business leaders need in times of economic upheaval.

Treasurer Josh Frydenberg has announced new regulations designed to help public companies hold ‘virtual’ shareholder meetings.

The federal government has temporarily amended continuous disclosure provisions that apply to companies and their officers, citing concern about companies being exposed to opportunistic class actions.

Company directors in Western Australia have become increasingly positive over the past six months in marked contrast to their counterparts in other states.

Almost 40 per cent of not-for-profit organisations in Australia recorded a decrease in philanthropic funding in 2020, according to a survey by the Australian Institute of Company Directors.

While there are more women on the boards of Australia’s 200 largest listed companies than there were at this time last year, there remains substantial room for improvement.

The state government has committed $160,000 in funding to advocacy group StartupWA, which plans to host a series of summits to help build the state’s start-up and technology sector.

Investor pressure, the work of advocacy bodies and naming and shaming companies are some of the reasons Australia achieved 30 per cent representation of women on boards.

Western Australian companies Chalice Mining and Silver Lake Resources appointed females to their boards this month, ending all-male representation among the ASX 200.

Rick Crabb was recognised for his contribution to business and John Atkins won an award for leadership in the not-for-profit sector at an AICD award ceremony on Friday night.

The nation’s peak body for directors has apologised to its members after being forced to shut down an online cyber security seminar amid fears it had been infiltrated by hackers.

Western Australian Gaming and Wagering Commission has appointed Michael Schaper as its new chair, announced by Racing and Gaming Minister Reece Whitby this morning.

Not for profits are grappling with remuneration for their directors, with one major group scaling back its payments.

ASIC chairman Joe Longo has called on company directors to comply with their duties, admitting the role was difficult amid developments in technology and ESG but not impossible.

Former Wesfarmers executive and prominent company director Gene Tilbrook has passed away at the age of 73 after battling serious illness in recent years.