Steadfast Group CEO Robert Kelly stands aside after workplace complaint
More news: Steadfast Group said that its managing director and CEO, Robert Kelly AM, has chosen to stand aside on a temporary basis to enable an external investigation to progress into a workplace complaint made against him.
The Steadfast co-founder will remain on full pay during the investigation.
The board has appointed Tim Matheison, CEO of Australasian Broking to the role of acting CEO, effective immediately. He will continue in the role until the conclusion of the investigation.
Earlier on Thursday, the insurance broker announced that it had entered a trading halt as it investigates a “workplace complaint against a senior executive”. Steadfast said that it will remain in the trading halt until the earlier of between a further announcement or commencement of trading on 3 November.
Steadfast Group enters trading halt following workplace complaint against exec
The news: Steadfast Group has entered a trading halt as it investigates a “workplace complaint against a senior executive”, the insurance broker told the exchange.
The context: Steadfast will remain in the trading halt until the earlier of between a further announcement or commencement of trading on 3 November.