Sir Ron Brierley steps down

[CGJB]

I see that Sir Ronald Brierley has stepped down from his Mercantile Investment Company Ltd. (MVT.ASX), because of age and health reasons:

https://www.smh.com.au/business/companies/raider-ron-brierley-steps-down-from-last-listed-company-role-20190606-p51v9f.html

 

The linked article reports an anonymous source saying the health issues aren't life-threatening, which I certainly hope is true. I live on the east coast of the US, but came across Sir Ron in a Forbes article years and years ago, and always respected him. Pending shareholder approval, MVT will be merged with Sandon Capital Investments (SNC.ASX), run by Gabriel Radzyminski, who is also a Non-Executive Director of MVT.

 

Here's a Barron's article from 2016 on Sandon Capital and Radzyminski:

https://www.barrons.com/articles/sandons-activist-approach-shakes-up-aussie-stocks-1463104553