Official Cronulla Sharks Board + Management

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Sharks Board Cuts Director's Fees and Perks

By Phil Rothfield & Rebecca Wilson
The Sunday Telegraph
January 31, 2010 : 01:02AM

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THE Cronulla Sharks' new management has saved close to $300,000 by scrapping directors fees and all their lurks and perks. Last year, executive chairman Barry Pierce was paid $80,000 and the other seven directors picked up $10,000 each. When new chairman Damian Irvine took over with his revamped board late last year, a decision was made to scrap all fees, saving $150,000. They have also done away with the committee room at the back of the Ettingshausen grandstand, selling it to Harvey Norman Taren Point boss Alan Stephenson for $100,000 a year. Travelling interstate to away games is even a no-no these days for board members. Irvine goes to all interstate games but pays for his own flights and accommodation.

<EDIT>

Cranky Franky has final say on Willie
Daily Telegraph... rugby league gets the better." THE Cronulla Sharks' new management has saved close to $300000 by scrapping directors fees and all their lurks and perks. ...

Source: http://news.google.com/news/url?fd=...081394&usg=AFQjCNFqk5yrz6B4HX_igEgHuD1xBRYNQA
 

Gil

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Read that article in this mornings paper.
Very good to see this happening, just shows the dedication and spirit the new team have.
Well done.
Gil
 

ouCh!

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that short bald bastard is winning me over, i think were extremely lucky to have an administration willing to sacrifice so much but we have to get a major sponsor soon.
 

IronShark

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that short bald bastard is winning me over, i think were extremely lucky to have an administration willing to sacrifice so much but we have to get a major sponsor soon.

Hold on mate, it should be any day now! Major O/S investor, apparently.:good:
 

baanya

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it really sets an example to all about how the new board is moving forward for the club..not the individual... great stuff
 

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Women Rising Up

Women Rising Up
Maria Slade
6:30 AM Sunday Sep 26, 2010

Pansy Wong, Women's Affairs Minister, says New Zealand can benefit by getting more women in boardrooms.

Australia's new initiative that requires listed companies to set targets to get more women at the top is having a massive impact, says Women's Affairs Minister Pansy Wong.

Wong told a seminar this week that the Australian stock exchange's incoming corporate governance guidelines on gender diversity had already resulted in a huge jump in the number of women on boards.

More than 20 per cent of director appointments to the ASX's top 200 companies this year were women. That was up from 5 per cent last year.

"Thirty-one women were appointed to listed companies on the ASX in the first half of this year, 21 more than in the whole of last year," she said.

Wong is lobbying the NZX to follow its Australian counterpart and introduce a similar regime. She pointed out that more than 30 New Zealand companies were also listed on the ASX and would have to abide by the new rules.

Only 8.6 per cent of NZX 100 company directors are women, while the changes in Australia mean a similar percentage for ASX 200 companies last year has now increased to 9.2 per cent.

Wong was speaking at a seminar organised by the Equal Employment Opportunities Trust (EEO) in conjunction with the Australian-based Women on Boards group.

Professional director and Women on Boards chairwoman Ruth Medd said of the 40 women now on ASX 200 boards, 25 were positions that weren't there last year.

"It's really interesting that a bit of soft regulation does wonders," she said.

One of her organisation's key efforts was to offer a transparent director recruitment process and advertise vacant roles. "If you don't know about the gigs you can't apply for them."

The ASX's new guidelines - requiring listed companies to set targets for more women at the top of their organisations and to account for their progress - come into force officially in January.

But companies such as the ASX itself, Woolworths, National Australia Bank and Commonwealth Bank of Australia had got in ahead.

This had created competition for experienced women, Medd said.

"What's going to make the change stick in Australia is competition between organisations to find female talent."

Fiona Shand, principal of law firm Shand and Associates, which advises companies on governance matters, said last year was a watershed for female representation on Australian boards. "If you look at boards around the world they can be defined by three words - pale, male and stale," Shand said.

A study three years ago showed that when companies put three or more women on their boards or in senior management positions their returns to shareholders increased 17 per cent, she said.

Professional director Denise Aldous, who is on the board of Australian rugby league club the Cronulla Sutherland Sharks, said she developed an interest in sport to get on in male-dominated corporate environments.

"What I found was it became the one thing that gave me a natural entry point."

The Sharks had faced a raft of problems, including its players' off-the-field behaviour, and she felt female input could help.

She received many emails from women telling her their children idolised the players and they wanted them to be better role models.

She inquired about Mad Monday - an end-of-season tradition where players "let their hair down".

"I said, 'That's not going to happen, is it?

"Someone needed to ask the question and often it doesn't happen," she said.



Source: http://news.google.com/news/url?sa=...ts/news/article.cfm?c_id=62&objectid=10676074
 

SF

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Expertise, not gender, has helped Denise Aldous contribute to the off-field turnaround at the Cronulla Sharks Football Club following financial problems and a sexual harassment scandal.
..
....

"To be perfectly honest, if you think back to what was going on at the Sharks back about at this time in 2009, which was just about everything possible could be going wrong, there's been a steady and systematic improvement," Ms Aldous said in an interview.


"It's very rare, touch wood, that there's been any sort of player misbehaviour from the Sharks players in the papers."


http://finance.ninemsn.com.au/newsbusiness/aap/8240092/sharks-female-director-says-skill-is-key
 
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