Leighton Names Chairman After Hochtief Independence Dispute
This article is for subscribers only.
Leighton Holdings Ltd., Australia’s largest construction company, appointed Bob Humphris as chairman after his predecessor resigned in a dispute with shareholder Hochtief AG over board independence.
Humphris, the former managing director of Peabody Energy Corp.’s local unit and a director of Australian Infrastructure Fund Ltd., said in a regulatory statement today that his priority was to appoint independent directors to replace two others who resigned last week.