Phil Chronican

Ken Henry and Andrew Thorburn: Why they had to go

Ken Henry and Andrew Thorburn: Why they had to go

But fate had other punishments in store for Henry. At the bank’s annual general meeting in December, the Melbourne-based company was forced to scrap its new executive pay scheme after suffering the largest protest vote in Australian corporate history against management remuneration at a blue-chip company.”The board is hearing loud and clear that our new…


NAB goes for safe hands with Phil Chronican, Mike Baird in the wings

NAB goes for safe hands with Phil Chronican, Mike Baird in the wings

Baird, the banker-turned-politician-turned banker again, has been here before.When the Coalition won a landslide NSW election in 2011, there was no clear path to the top for the then 42-year-old treasurer.His boss, Barry O’Farrell, having banished Labor after 16 years in power, was viewed as potentially a three-term premier.That left Baird looking like the Peter…