Former chair ousted from Clime board
Clime shareholders have voted to remove former chair Neil Schafer as a director at the firm.
The motion was passed at an extraordinary general meeting held on 6 August.
In a statement to the Australian Securities Exchange (ASX), the firm said 94% of shareholder voters voted in favour of his removal while 4.9% were against and 0.14% abstained.
No reason by the firm was given as to the reason for Schafer’s dismissal which had initially been proposed by shareholder Locope.
Money Management contacted Clime for more information but chief executive Annick Donat declined to comment beyond the ASX statement.
Schafer was initially an independent director but had been working as co-chief executive of the firm with Brett Spork following the exit of Rod Bristow in November 2020. This post was later taken by Donat who joined Clime in May.
He also served as a chair until April 2021 when he became a non-executive director.
AUTHOR
Laura Dew
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