Chairman quits 7-Eleven

| Sep 30,2015

The 7-Eleven billionaire chairman Russ Withers has resigned from the board of the convenience store chain, along with chief executive Warren Wilmot, its 32 year veteran.

It is in the wake of a worker exploitation scandal that has rocked the company revealed by Fairfax Media and Four Corners.

7-Eleven has appointed Michael Smith as its new chairman of the chain's 620 stores. Smith is the managing director of Black House Pty Ltd, a Perth based strategy consultancy which consults to a number of leading Australian companies.

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.