Ann: Notice of Extraordinary General Meeting/Proxy Form, page-8

Maybe he is getting a little bored while he waits for his performance equity 'ship to come in' which is dependant of the machinations of the ACCC and its delaying tactics.
From Regal's perspective, maybe they admire his 'turn around skills' (something which seems to be lacking in the current LVT Board) and this would allow him to apply his 'cut through the BS skills' from the existing LVT management and Board. Just a thought!