Takeovers Panel strengthens WA contingent

The federal government has today announced new and renewed appointments to its Takeovers Panel including Perth-based John McGlue, Shirley In't Veld and Denise McComish.

Former journalist and corporate advisor Mr McGlue is the current managing director of his advisory firm Castle Gates Australia, following a sabbatical as an ABC radio presenter.

Ms In't Veld is a non-executive director of NBN Co, APA Group, Northern Star Resources and DUET Group, while Ms McComish is a partner with KPMG Australia.

Tourism WA commissioner Tracey Horton, company director and lawyer Robert McKenzie, and Fortescue Metals Group director Sharon Warburton are also members of the Panel.

Melbourne-based Alex Cartel, a current member, has been appointed as president for a three year term from March 8.

Other members appointed for the same term are Amy Alston, Bruce Cowley, Chelsey Drake, Marissa Freund, Michael Borsky, Kerry Morrow, Philippa Stone, Kelvin Barry, Robin Bishop, Bruce Cowley, Elizabeth Hallett, and Bruce McLennan.

The Takeovers Panel provides a forum for peer review of takeovers activity, aiming to be more efficient, less formal and more expeditious than the courts.

For the first time, the majority of the Panel membership will be women.

The federal government thanked the outgoing president Vickki McFadden and other outgoing members for their contributions.