SUN 0.12% $16.80 suncorp group limited

Mulcahy comments"Now I’ve been a CEO of Suncorp for six years,...

  1. 438 Posts.

    Mulcahy comments

    "Now I’ve been a CEO of Suncorp for six years, and I have agreed with the Board that now is the appropriate time for the company to transition to a new leadership. Given the important capital raising announcement today, I think it’s appropriate, and we agree it’s appropriate, to announce that transition this morning. I have to say that I’ve enjoyed my six years at Suncorp. We’re very proud of what we’ve achieved."

    Hard to believe he could say that with a straight face.
    Disgraceful and good riddance.
    Back in november suncorp were saying they were well positioned and cannot see the need to raise additional equity.

    Mulcahy ' transited' minus a golden handshake.The same for Story and Skilton .Now thats what i would call appropriate.
 
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