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Steadfast CEO Steps Aside Amid Workplace Complaint Investigation

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Steadfast CEO Steps Aside Amid Workplace Complaint Investigation

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The latest announcement is out from Steadfast Group Limited ( (AU:SDF) ).

Steadfast Group Limited announced that its Managing Director & Chief Executive Officer, Robert Kelly AM, has temporarily stepped aside to allow an external investigation into a workplace complaint against him. Tim Mathieson, CEO of Australasian Broking, has been appointed as Acting CEO during the investigation. The board has stated that no allegations have been substantiated yet and will update the market upon the investigation’s conclusion.

The most recent analyst rating on (AU:SDF) stock is a Buy with a A$6.74 price target. To see the full list of analyst forecasts on Steadfast Group Limited stock, see the AU:SDF Stock Forecast page.

More about Steadfast Group Limited

Steadfast Group Limited operates in the insurance industry, providing a range of insurance broking services and risk management solutions. The company focuses on the Australasian market, offering support and services to a network of insurance brokerages.

Average Trading Volume: 2,423,083

Technical Sentiment Signal: Buy

Current Market Cap: A$6.97B

Find detailed analytics on SDF stock on TipRanks’ Stock Analysis page.

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