Latest Boardroom Shifts News

Global Lithium Resources announces the resignation of Executive Chair Ron Mitchell and withdrawal of Director Matthew Allen's nomination, prompting the withdrawal of several AGM resolutions and a reshuffle in proxy voting.

Toys"R"Us ANZ Limited announces the immediate resignation of CEO Penny Cox, with Chair Kelly Humphreys and Executive Director Teresa Smith stepping in as interim leaders while a search for a new CEO is underway.

GrainCorp reported a solid FY24 with underlying EBITDA of $268 million and a net profit after tax of $77 million, underpinned by operational efficiency and strategic growth. The company announced a $50 million on-market share buy-back and reinforced its commitment to sustainability and shareholder returns.

Domain Holdings Australia has appointed Greg Ellis as Interim CEO while continuing its search for a permanent leader, following the planned departure of Jason Pellegrino.

HomeCo Daily Needs REIT has reported steady funds from operations (FFO) growth in the first half of FY25, underpinned by strategic asset sales and a robust development pipeline. The REIT also confirmed its full-year guidance, signaling confidence in its operational momentum and portfolio resilience.

Suncorp Group has reported a robust $1.1 billion net profit for 1H25, buoyed by a benign natural hazard season and the sale of its banking arm. The insurer is set to return $4.1 billion to shareholders, marking a significant milestone in its strategic simplification.

Alliance Aviation Services has reported a robust half-year performance with a 9.5% increase in statutory profit before tax and record flight hours, underpinned by fleet expansion and strong wet lease demand.

Nuchev Limited has appointed Nathan Cheong as its new CEO, with current CEO Mick Myers transitioning to COO and CFO roles, signaling a strategic leadership evolution.

Cycliq Group Limited reported an 18% revenue increase to $2.9 million for the half-year ending December 2024, driven by higher transaction values and a revamped marketing strategy, despite a modest net loss of $211,214.

Sigma Healthcare has completed its acquisition of Chemist Warehouse, issuing new shares and cash to former shareholders and appointing a refreshed board to steer the merged entity forward.

Solis Minerals appoints Mitch Thomas as CEO, shifting Mike Parker to Technical Director, ahead of a major 2025 drilling campaign in Peru's copper-rich belt.

AGL Energy reported a solid first half of FY25 with underlying EBITDA slightly down but maintained strong operational momentum, while narrowing its full-year earnings guidance and announcing key leadership changes.