The heads keep rolling in the murky world of super
Twenty years of service counted for little when the founding chairman of a multi-billion dollar infrastructure fund owned by some of the country’s biggest super giants was confronted with an industry fund determined to pull rank.
In a perfunctory letter sent on April 27, Bob Lette was told his services on the board running the Infrastructure Fund’s (TIF) $2.4 billion portfolio were no longer required. The news was effective immediately.
Read the full article at the Sydney Morning Herald.