........intends to retire? And well thanked by the Board.
Perhaps this little snippet from The Age sheds a bit more light on the "intention to retire". Even once retired, it seems some ex Politicians find it a little tricky to be up front and not spin away like a helicopter's blades........?
From The Age today:-
Former health minister Michael Wooldridge has been banned as a company director for more than two years but escaped harsher punishment over his role in collapsed retirement village scheme Prime Trust.
The penalty was handed down on Tuesday in a judgment against five directors of the failed $500 million scheme.
Other directors, including founder Bill Lewski, received longer bans, with Mr Lewski's lasting 15 years - the most of any of the scheme's directors.
The ban handed down to Dr Wooldridge will force him to step down from two ASX-listed boards, including Australian Pharmaceuticals Industries (API), the company that owns Priceline and Soul Pattinson chemist chains, and the Vision Eye Institute.
API Price at posting:
81.0¢ Sentiment: None Disclosure: Not Held