The Age ·general ·2 hours ago

Lindsay Fox’s elder son Peter abruptly resigns as boss of trucking group

Peter Fox resigned as executive chairman of Linfox on Wednesday, disrupting the succession plans of Melbourne’s billionaire Fox family. Peter, who has held the role since the 1990s, will remain on the board while the family initiates a new governance model with independent chairs for operational businesses. Linfox is the main source of Lindsay Fox’s $5.7 billion fortune.

Summary by OZbrief · The Age

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