Watch Live


Leighton CEO Wal King Gets Shareholder Support to Stay, Australian Says

Leighton Holdings Ltd. Chief Executive Officer Wal King received support from the company’s controlling shareholder, Hochtief AG, to remain in his role, the Australian newspaper said, citing Leighton Chairman David Mortimer. Mortimer resolved tensions between Hochtief and King, the newspaper reported, without saying how long King might stay in charge.

To contact the reporter on this story: Angus Whitley in Sydney at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.