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Myer board to face Lew’s wrath

Myer directors and CEO John King are setting up their defences as another tense annual general meeting looms large. The department store’s largest shareholder, Solomon Lew, has laid siege to the board and is urging shareholders to vote out the directors. Lew put the Myer board on notice at last year’s annual meeting, achieving a shareholder vote that could have enabled a call for an extraordinary meeting to specifically address the board membership. However, strategically, he decided n