« Actuaries in demand | Main | The candidates on healthcare: Who has the best plan? »

September 28, 2004

CEO manages to pull off great escape

Peter Macdonald is a lucky guy, no doubt about it. He gets a leave ticket from the ugly and dangerous James Hardie front line, keeps running the business from the safety of the bunker and gets the same wage as before - base pay plus bonuses.

But calls for him to be summarily sacked are unrealistic, unless Bob Carr and Greg Combet are prepared to send him home with a check for $3 million - equivalent to a dozen mesothelioma payouts.

Read the full story

Posted by Tom Troceen