Lordy, is property falling apart suddenly? via Domainfax:
The chief executive of real estate classifieds group Domain, Antony Catalano, has announced his sudden resignation, just two months after the company was spun off from Fairfax Media and listed on the ASX as an independent entity.
…”I understand and regret that the timing of this decision is unusually short from Domain’s listing,” Mr Catalano said in a statement.
…”It has become clear to me that doing the job of a listed company CEO the way it needs to be done means that I am not meeting that family commitment.
…Mr Catalano, who has eight children, was crucial to Domain’s impressive revival over the past decade.
Given MEA, is a DHG profit warning imminent? It is down -11% at the open. Not much fun for property stocks today…