Shayne Elliott’s lawsuit against ANZ may be another case of poor judgment
Afr
Former ANZ CEO Shayne Elliott is suing the bank for $13.5 million in withheld bonuses, marking an unprecedented move.Summary
The recent lawsuit filed by former ANZ chief executive Shayne Elliott against the bank for $13.5 million in withheld bonuses represents a significant and unusual development in ANZ’s history. It is unprecedented for the former head of a bank to seek compensation for withheld pay and bonuses. The case adds to a series of recent complicated events for ANZ, as reported by Jonathan Shapiro, a banking and finance specialist at the Australian Financial Review.
(Source：Afr)