AMP chairman has no regrets over sale of life insurance business

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AMP chairman David Murray says he has no regrets about deal slammed by shareholders.

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Shares dived by 25%. Drop his salary and benefits by 25%......

Here's a story idea: How does Australia's CEO club stack up with it's foreign counterparts? Seems to be verboten topic. auspol

Well done David. Another triumph.

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AMP continues to shrink, selling its life insurance business for $3.3bAMP says it plans to be a simpler, more focussed business after damaging revelations in the banking commission.
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AMP agitator not satisfied by company's answers on 'value destroying' life insurance saleAn investor agitating against the AMP board is not backing down, following chairman David Murray's defence of AMP's decision to sell its life insurance arm for $3.3 billion. Take a hit champ- you accepted all those high 'illegal' dividends in the past.
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