Challenger boss resigns after losses
| Source: | Lateline Business |
|---|---|
| Published: | Monday, August 25, 2008 10:45 AEST |
| Expires: | Sunday, November 23, 2008 10:45 AEST |
The global credit crisis has claimed another executive victim, with the resignation of Challenger Financial Services CEO Mike Tilley. Challenger today reported an annual loss of $44 million, its first decline in five years.
