Episode Details

Winton Land’s board is in chaos as regulators suspend its shares over governance failures — missing independent directors and a shaky audit committee after key resignations, including chairman Steven Joyce and audit chair Guy Fergusson, leaving just one independent director on the board. CEO Chris Meehan and CFO Jean McMahon also stepped down, amplifying instability as stock plummets 24% in a week. With revenues hitting $188 million last year, the future of New Zealand and Australia’s biggest property developer hangs in the balance.

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