Today: We’re beginning to see the first local winners in AI; how the tenure of Rob Morgan makes the case for localism; and Greg Hywood on the shortcomings of Nine’s management
Under Morgan in the 1990s and 2000s Clems also had a very unique staff shareholding structure which granted shareholding to a large tier of staff and was self financed by Clemenger with the shares as security. A risk free way for staff to share in the profits and it also created a common alignment around why Clems wanted to be profitable. I believe that this structure eventually disappeared.
Under Morgan in the 1990s and 2000s Clems also had a very unique staff shareholding structure which granted shareholding to a large tier of staff and was self financed by Clemenger with the shares as security. A risk free way for staff to share in the profits and it also created a common alignment around why Clems wanted to be profitable. I believe that this structure eventually disappeared.