The replacement of Tom Albanese follows a shift in investor sentiment towards companies with disciplined capital management principles, something that Rio Tinto and BHP have been grilled over in recent years.
[In a recent memo to staff] Walsh made it clear he wanted to create a culture of ”greater accountability and responsibility” and outlined a commitment to unlocking greater value for shareholders.
ADELE FERGUSON The Age 24 Jan 2013
What will this mean for Benefits Management in the private sector???