Lindsay Wright was voted in at today’s Spark AGM, alongside two other new directors and the chair and CEO.
Listed car dealer says second half wasn’t as depressed as previously indicated.
Half year result affected by interest costs after casino operator lost gaming duty dispute in South Australia.
Managing director Andrew Reding tells analyst that shareholders may never find out what went wrong inside the company.
Shares drop, despite strong underlying earnings after the loss of the lucrative Chemist Warehouse contract in Australia.
The company also rebounded from a loss to post A$799m in interim profits.
The company initially proposed to cut 38 editorial roles.
He has been the highest paid CEO in the country.
Managing director Andrew Reding sees 'signs of improvement' in housing market.
Offer of 25 cents a share a 107% premium to its share price.