Spanish infrastructure giant Ferrovial has begun overhauling the Broadspectrum board as its takeover of the detention centre operator nears completion, with Diane Smith-Gander to remain as chair.
Diane Smith-Gander will remain as chair of Broadspectrum.
Spanish infrastructure giant Ferrovial has begun overhauling the Broadspectrum board as its takeover of the detention centre operator nears completion, with Diane Smith-Gander to remain as chair.
Broadspectrum said today that Douglas Snedden, Roy McKelvie, Katherine Hirschfeld and Geoffrey Kleemann had resigned as non-executive directors from the seven-member board, and would be replaced by Ferrovial representatives.
Ferrovial, which this month extended its $1.50 per share offer for Broadspectrum, holds an 88.06 per cent stake in Broadspectrum.
