CPA Australia advises that Director David Spong has resigned his position on Friday 9 June, following the resignations of Richard Alston and Kerry Ryan earlier in the week.
We are aware that a media outlet is repeatedly contacting some directors and their employers, and applying significant pressure on them to step away from their roles.
This has been a systematic campaign of undermining, which any director with an employer, in any organisation, could fall victim to.
The toll it is taking on individuals and our organisation is unacceptable. The Board will meet on Tuesday with respect to these matters.
In the meantime, the Board remains focused on the recruitment of new directors through the usual annual process, while management continues to deliver at a very high level on the Board’s strategies.
Annual applications for CPA Australia Board positions closed on 29 May and our external executive search partner is currently reviewing those applications against the approved selection criteria.
President and Chairman of the Board