Endeavour announces changes to its Board of Directors
With Peter Hearl stepping down as Chairman, Peter Margin and Ari Mervis have been selected as new Non-Executive Directors on the board.
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With Peter Hearl stepping down as Chairman, Peter Margin and Ari Mervis have been selected as new Non-Executive Directors on the board.
Peter Hearl, the chair of drinks giant Endeavour Group, and billionaire activist Bruce Mathieson’s son will both step down following a prolonged public spat between the men over the future of the business amid a plunging share price.
The men who built Endeavour into the world’s largest poker machine operator – and a pubs and liquor juggernaut – have triggered a public brawl over the future of a business.
Endeavour chairman Peter Hearl was forced to defend the company’s leadership and share price performance, as well as a prolonged attack from former Woolworths chief Roger Corbett.