Statewide drive – when boards fail, investors pay the price
I joined Jess Maguire on ABC Statewide Drive to discuss how scandals at Super Retail, Qantas, and Star Entertainment reveal a troubling pattern: CEOs behaving badly and boards failing to act. From cover-ups to ignored red flags, weak oversight has led to billions in fines, lost trust, and damaged valuations. I stressed that it’s often the cover-up that sinks a CEO – and that boards must demand transparency, independence, and stronger governance to protect investors.
Listen to the full interview from 1:46:00 here: Statewide Drive – when boards fail, investors will pay the price
Chief Executive Officer of Montgomery Investment Management, David Buckland has over 30 years of industry experience.
David is a deeply knowledgeable and highly experienced financial services executive. Prior to joining Montgomery in 2012, David was CEO and Executive Director of Hunter Hall for 11 years, as well as a Director at JP Morgan in Sydney and London for eight years.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
