Inviting six directors to lunch gives you access to almost half the ASX 200
Corporate Australia has long been regarded as an exclusive club. Now we know just how exclusive. Research by OpenDirector has found that inviting just six company directors to lunch would cover 48% of companies on the ASX 200 and 75% of its market capitalisation. Many ASX 200 company directors are from the same talent pool. With Telstra and Wesfarmers as possible exceptions, few boards take risks to nominate directors with different demonstrable skills and backgrounds. A recent example is Westpac which on March 1 recruited the very seasoned Nora Scheinkestel, who has been on more than 10 ASX...
Source: crikey.com.au