View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 28, 2017

CPA Australia board terminates Alex Malley’s contract

By Stephanie Wix

Alex Malley’s contract as CEO has been terminated by the CPA Australia board, effective from 23 June.

In the process, Malley has received a payoff of AUS$4.9m ($3.8m) in “accordance with obligations”, CPA Australia said in a statement. In the statement, CPA Australia president and chairman Jim Dickson thanked Malley for his work for the past seven and a half years.

Chief operating officer Adam Awty has been appointed as interim CEO in the meantime, with his remuneration for this period unchanged as per his current COO role.

CPA Australia said in the statement that it expects to have its board replenished by 1 October with a minimum of eight new directors.

Related articles:

CPA Australia’s CEO defends $1.8m pay packet

CPA Australia newly appointed chairman backs CEO amid recent scandal

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to International Accounting Bulletin