The Miscalculations of Aaron Erter, American Moron
The window for investors to save James Hardie is closing.
Its CEO's Azek egg can't be unscrambled, but he should be forced to face some adults in the room.
After the year James Hardie has had, we were all expecting something special from its annual general meeting in Dublin on Thursday morning.
Yet again, it exceeded all expectations.
The company released its proxy votes to the ASX at 7:39 pm on Wednesday, revealing in advance that 67 per cent of shares had been cast against the re-election of chairwoman Anne Lloyd.
She would be turning up the following morning (Sydney time) to chair her own execution.
Author's summary: James Hardie's annual general meeting exceeded expectations.
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