James Hardie investors have dumped chairwoman Anne Lloyd and two other board members in an unprecedented display of anger over the board’s disastrous $14 billion acquisition of US group Azek and the subversion of investor rights.

Ahead of Thursday morning’s annual meeting at the Australian group’s Dublin headquarters, documents show more than 67 per cent of proxy votes were directed against the re-election of Lloyd. The final vote – including investors voting at the meeting – will be reported after the meeting concludes.

Anne Lloyd (left) was appointed chairwoman of James Hardie in late 2022, the year Aaron Erter (right) took over as CEO. Credit:

“It appears that Rada Rodriguez, PJ Davis and I have not secured sufficient support to be re-elected, and if this position remains on final

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