Former Leighton Holdings Limited (ASX:LEI) chairman David Mortimer says the company should be restructured.
Speaking with The Australian, Mr Mortimer reportedly indicated the current structure, where Leighton subsidiaries compete against each other, may need to be revised.
The former chairman reportedly said he left the construction company because he felt he couldn’t be independent in the role.
In the 2011 financial year Leighton Holdings booked a net loss of $406 million.
LEI Price at posting:
$19.90 Sentiment: None Disclosure: Held