It will be a positive announcement, noting this new appointment...

It will be a positive announcement, noting this new appointment last week. Anything would had to have been disclosed to him prior to him saying yes to board position. You just don't join a board with negative news in the following days.

"Mr George Venardos to the Board as Non-Executive Director.
Mr Venardos held for ten years the role of CFO of Insurance Australia Group Limited (IAG), the largest general insurance
company in Australia and New Zealand with a market capitalisation of A$13bn1
Mr Venardos has extensive experience as a Non-Executive Director in Australia and the UK including roles as Chairman of IOOF Holdings, Ardent Leisure etc.