Have you read the article on the Australian Website,
http://www.theaustralian.news.com.au/story/0,25197,24220789-643,00.html
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"If they were serious about change, they would have appointed more than one new director and made Pat Handley chairman.
Instead, Nosworthy was adamant that having Green and Babcock on the board was a good thing and if they didn't understand the role of non-executive director, she would be asking some tough questions.
On the bright side, Nosworthy has more time to dedicate to Babcock given she resigned from the board of the troubled listed property trust GPT yesterday, and after another board she chaired, Commander, was placed in administration a couple of weeks ago.
She is left with a few others including Ventracor, which is trading at all-time lows and has suffered a lot of shareholder backlash. "
BNB
babcock & brown limited
