Australian Mercantile Collections

Former Star executive alleges CEO kept staff in dark about debt burdens, special manager concerns

Former Star executive alleges CEO kept staff in dark about debt burdens, special manager concerns

“I thought the group was going through quite a tumultuous period and a lot of that had to do with the debt at the time and the implications that deteriorated earnings had on the debt itself,” she said. “We didn’t have any conversation about the vulnerabilities of the balance sheet and the debt with that group.

“Robbie and I didn’t necessarily agree on how much disclosure we should have with our leadership team. My view was that we should be fully transparent with them … so the…

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