Overview
- Final votes showed 67.3% against Anne Lloyd, with Rada Rodriguez and PJ Davis also losing their seats and retiring at the close of the AGM.
- Shareholders rejected the remuneration report by roughly two‑thirds and voted down a board fee increase, as well as one of CEO Aaron Erter’s bonus packages.
- Former AZEK-linked directors Howard Heckes and Gary Hendrickson were re‑elected by margins under 10 percentage points, while Jesse Singh won 98.2% support.
- James Hardie shares are down about one‑third in 2025, including a 4.6% drop in U.S. trading on the day of the meeting.
- The ASX says it is revising listing rules following investor pressure, and U.S. firm Bronstein, Gewirtz & Grossman has filed a class action after the company’s earnings downgrade.