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Wisr shareholders made their feelings about the recent executive and board upheavals at the consumer finance company clear yesterday, when they voted down the remuneration report and two other resolutions at the company’s annual general meeting.
The chair of consumer lender Wisr, John Nantes, is stepping down from the board to spare the company any reputational damage in relation to criminal charges brought against the former chief executive Anthony Nantes, his brother.
The former chief executive of the ASX-listed lender is set to appear in court today after the NSW Police commenced criminal proceedings against him.
Listed fintech Wisr has in the past week sacked its CEO and had its chairman temporarily recuse himself due to his “familial relationship” with said CEO.
Anthony Nantes, the former chief executive of consumer lender Wisr, is facing unspecified criminal charges, the company revealed yesterday.