Real estate business McGrath in crisis as entire board resigns on profit warning
Written on the 22 January 2018 by Ben Hall
THE ASX-listed real estate business McGrath (ASX: MEA), has been plunged into chaos after it was announced CEO Cameron Judson and the entire board, with the exception of founder John McGrath, will resign after yet another profit warning.
"Now is the time for a new approach. Despite the challenges we have endured since listing, McGrath remains one of the best real estate businesses in Australia with outstanding talent throughout the company.
Business News Australia
Author: Ben Hall