Wal King

Wal King could miss out on $11m in bonuses

Wal King

Former Leighton chief executive Wal King could miss out on $11 million in bonuses as the construction company seeks to reinvent its public image through a pay review.

Wal King slams talk he was pushed

Rebecca Le May and Nicole Stevens Leighton Holdings chief executive Wal King has rejected media reports he was forced out of his role.

Exquisite timing: Wal King may have the last laugh

Ian Verrender, business columnist, new design set

Ian Verrender A cozy relationship with Spanish construction giant ACS looks set to pay dividends for Leighton's former boss.

Takeover a good fit for Wal King

Adele Ferguson, business columnist thumb, new design set

Adele Ferguson As the Leighton board put on steroids the plan for Wal King's successor a few weeks ago, a major construction group, Grupo ACS, sparked speculation of a takeover bid.

Leighton keeps door ajar for Wal King

king

Philip Wen Leighton chief David Stewart says he would be comfortable with former CEO Wal King returning to the board, but adds he doesn't pick the board.

Macmahon in spotlight as Wal King takes Ausdrill seat

First mover

Adele Ferguson A day after former Leighton boss Wal King landed his first board seat at Ausdrill, the mining services company has launched a $149.

Wal King blasts US execs - for driving up his pay

Wal King

Matt O'Sullivan Leighton Holdings' veteran boss, Wal King, has castigated Americans parachuted into top jobs at Australian companies and blamed them for ratcheting up his own large salary.

Leighton readies to shed Habtoor

Leighton is also seeking to cut the payout agreed with former chief executive Wal King by as much as $6 million, shareholders heard at yesterday's annual meeting.

Brian Robins Leighton Holdings is paving the way to exit, or sell down, its share of the troubled Habtoor joint venture by preparing to float off shares in the company to a regional market in the Middle East,...

One in the net as Timis joins in play

CBD

CBD The Romanian-born mining billionaire Frank Timis may have blemishes on his record in Australia and Britain.

Mining magnate a hero in Sierra Leone

Scott Rochfort Frank Timis may have blemishes on his record in Australia but he is praised in Africa.

Dulux incentive scheme all on the up for execs

Insider - Ian McIlwraith dinkus.

Ian McIlwraith Goldman Sachs ranks Dulux as one of 15 companies on its 'Structural Leaders Focus List'.

Those who dare at Dulux do so with little downside

Ian McIlwraith The Dulux chief executive Patrick Houlihan's $188 million offer for the garage door company Alesco Corporation may reflect increased risk-taking thanks to his ''call option-like'' incentive scheme,...

Remuneration in shareholders' eyes

CBD

CBD One wonders if the Stockland Group had received some feedback on a ''perception study'', which had been sent to institutional investors, before its announcement last Thursday of a decision to trim...

Investors bolt from Leighton

Desalination plant near Wonthaggi -Pipes being laid near Lang Lang.26th of August  2010 The Age news. Picture by JOE ARMAO

Ben Butler Stampeding investors have dumped Leighton Holdings stock after the embattled construction group revealed that further blowouts at two of its worst-performing projects will strip $254 million from its...

Leighton's chief Tyrhwitt pockets $6.25m for half year

leighton holdings

The chief executive of troubled construction company Leighton Holdings pocketed $6.25 million for just six months' work.

Taking toll of the chief's pay packet

CBD

CBD Transurban has managed to trim one key expense that made up 7 per cent of its overall wage bill last financial year: the total remuneration of its chief executive.

Water the threat to wine maker Casella

CBD The Riverina's wealthiest family, the Casellas, were meant to toast what was their most public appearance ever on national television last night.

Westpac shake-up a boon for removalists

CBD

CBD Westpac's chief executive, Gail Kelly, announced some more management changes on Friday that could result in more hefty relocation bills for the bank.

Packer is game for Sydney

Ian Verrender dinkus

Ian Verrender Where Kerry Packer ultimately lost, James hopes to recoup the family pride, and money.

Packer's bold roll echoes down the years

Ian Verrender For decades, the Packer name has been synonymous with casinos. But add the destination Sydney and suddenly you have a three-word recipe for controversy and contention.