Brenner and Salter exit AMP
AMP Limited chairman, Catherine Brenner has resigned and will step down immediately.
The company has announced to the Australian Securities Exchange that Brenner will be replaced in the interim by Mike Wilkins as executive chairman.
It said Wilkins would lead the company as executive chairman while the process of replacing Brenner took place.
AMP also announced that its Group General Counsel and Company Secretary, Brian Salter, would leave the company with his outstanding deferred remuneration forfeited as a result of the Board exercising its discretion.
However, amid the Brenner and Salter exits, the company also said that it had received an independent legal report and the board was satisfied that Brenner, former chief executive, Craig Meller, and other directors had not acted inappropriately in relation to the preparation of the Clayton Utz Report.
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