Myer responds to Solomon Lew, looks forward to constructive dialogue
By Imogen Bailey | 8 July 2021
Following Premier Investments increased investment in the department store, acting chairman JoAnne Stephenson has offered the firm Board representation. Acknowledging that Premier Investments has increased its holding in the Company to greater than 15% and the significance of this change, I have reached out to Mr Lew and look forward to constructive dialogue, Stephenson said in a statement. We will also be reaching out to other major shareholders. The Board is open to discussing appropriate Board representation of Premier Investments through nomination to the Myer Board, she said.
Myer (ASX:MYR) share price on watch after responding to Premier investment
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Myer readies to shutter another store as part of Customer First Plan
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