When it was announced that Unitab's chief executive Dick McIlwain would replace TattersallÆs chief executive Duncan Fischer at the helm of the merged gaming company, it was the second time this year that shareholders have ousted a prospective chief executive in a merger. A month earlier Robert Elstone, the boss of the Sydney Futures Exchange, was due to step down in favour of the ASX chief executive Tony D'Aloisio when the ASX bought the Sydney Futures Exchange, but shareholders wanted Elstone to run the merged company. Like Fletcher, D'Aloisio was forced to step aside.
A month earlier energy group Origin Energy and itÆs 51% held Contact Energy terminated their merger...
