News Articles for Wal King

ASIC to pay King in TerraCom row

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The corporate watchdog will pay more than $3.5 million to TerraCom staff, including former chair Wal King, after the court dismissed its legal action against the thermal coal company.

Court rejects ASIC’s TerraCom claims

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The Federal Court of Australia has dismissed the corporate watchdog's action against thermal coal company TerraCom and its staff including former chair Wal King.

Board Moves December 19-23, 2016

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Michael Bourne has resigned as executive director at ATC Alloys.Atlas Iron has appointed general counsel Bronwyn Kerr as joint company secretary.

Sundance strips more costs

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Sundance Resources boss Giulio Casello has taken a big pay cut as the company seeks to cut costs, with the Perth-based explorer also locking in a $1.3 million investment to assist in the search for a partner for its Mbalam Nabeba iron ore project in Africa.

Sundance cuts jobs, board

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Iron ore explorer Sundance Resources has announced a package of cost-cutting measures, including a reduction to its board and staff, in an effort to reduce expenditure amid current market conditions.

King leaves Ausdrill board

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Ausdrill non-executive director Wal King has resigned from his role just three years after joining the company.

King to chair Sundance

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Sundance Resources has appointed former Leighton Holdings chief executive officer Wal King as its new chairman, following the retirement of current chairman George Jones after the company's AGM in November.

King for Sundance

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Former Leighton Holdings chief executive Wal King has been appointed deputy chairman of Africa-focused iron ore hopeful Sundance Resources.

Sayers reverses retirement plans

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Ausdrill managing director Ron Sayers says he no longer plans to step down from the role next year, despite the prospect he could face a retrial on tax fraud charges.

Ausdrill backs former Leighton exec

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Ausdrill has backed former Leighton Holdings chief executive Wal King to continue serving on its board despite allegations of bribery and corruption against Mr King and several other executives.

CITIC Pacific hires King

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Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific as a senior adviser to help deal with problems at its trouble-plagued Sino Iron project.

Iron giants jockey for position

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The $10 billion tragedy of Western Australia's failed magnetite iron ore processing experiment risks becoming something worse next year, as the price is pushed down by a flood of iron ore supply an

CITIC Pacific hires Wal King

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Former Leighton Holdings chief executive Wal King has been recruited by Hong Kong-based CITIC Pacific to help deal with problems at its trouble-plagued Sino Iron project.

Pay packets at top end of town continue to bulge as the good times flow for WA

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Executive remuneration is a hot political issue but the controversy does not seem to have slowed growth in pay packets at WA companies.

Leighton shares jump on Spain takeover

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Control of construction and contracting group Leighton Holdings is in play, with Spanish company ACS launching a bid for its German parent, just days after Leighton announced the retirement of long serving chief executive Wal King.