Leighton chairman quits over independence clash

Leighton Holdings chairman Stephen Johns resigned along with two non-executive directors at Australia's largest construction company, citing a dispute with its controlling shareholder Hochtief.

"They have resigned following what they perceive to be a breakdown in relations with the major shareholder Hochtief and their view that Hochtief no longer supports an independent board," the company said yesterday.

via Business feed http://www.scmp.com/business/companies/article/1197528/leighton-chairman-quits-over-independence-clash