No redundancy, entitled to any accrued leave. Depends what his contract says I suppose.
Don't feel sorry for this corporate incompetent, he took around $1.3 million dollars per year minimum while wiping over a billion dollars out of shareholders pockets. Now jumps straight into another role where he has the capacity to do the same.
Thought I read somewhere that Bakewell worked with someone else on the Board previously, that goose should go as well for recommending the clown.
ARI Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held