Australian investors will not be the only ones looking to unleash their fury at James Hardie’s board when the annual meeting is convened in Dublin this week.
The scale and frequency of the 137-year-old group’s corporate disasters this year means its directors will have few friends among those who own the business they oversee.
The disaster began with James Hardie chief executive Aaron Erter engineering a $14 billion buyout of outdoor decking and railings company Azek in March this year. Credit: Harry Afentoglou
This includes the board members freshly onboarded from the recently acquired Azek business that kicked off the crisis in March.
The stock is more than 30 per cent below where it was before the announcement of the Azek deal, which means investors from both sides of the transa

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