So Ahmed Fahour, CEO of Australia Post, resigned yesterday, immediately after announcing a strong profit result and despite being supported by the board chair who said he had done a fantastic job of turning around the 100% government-owned Company. Perhaps it was the disclosure of his $5.6m salary, perhaps the government enquiry into Australia Post’s salaries, perhaps the Prime Minister’s comment to the board (appointed by the current government) that salaries were too high, perhaps that Farhur had been there 7 years. But what is clear is this: it’s yet another failure of board governance that allowed this situation to arise. Let me explain why the wrong people are being castigated.
So Federal Minister for Health Sussan Ley has ‘stepped aside’ while there is an investigation into her personal expense claims, just like Bronwyn Bishop, former Speaker and Minister, did. Did Malcolm Turnbull, Tony Abbott, Peter Slipper or Steve Irons amongst others do this when their expense claims were questioned and found wanting? No. I’m not defending any of them, but it does seem there is a prima facie case that women politicians either react to or are treated differently than men for similar offences. And this seems to be a world phenomenon.Read More »