Australia: AdBri has appointed its chief executive officer (CEO) Nick Miller to its board of directors by making him managing director and CEO. The company said that the move “reaffirms a unified strategic direction set by the board.” It added that, following the appointment in early October 2021, the board would no longer comprise a majority of independent directors as contemplated by the Board Charter or the Board Governance Framework introduced in March 2019, which included an updated Board Protocol – Potential Conflicts and Interests. However, AdBri said that it remained committed to a majority independent board and was looking for an additional independent non-executive director to restore the former makeup of the board.
Miller became the CEO of AdBri in 2019. In 2020 the Australian Competition and Consumer Commission (ACCC) approved Barro Group to buy a 43% stake in AdBri.
