Newcrest replaces chief executive

Newcrest Mining, the worst performer this year of Australia's 50 biggest publicly traded companies, will replace its chief executive and chairman after taking A$6.2 billion (HK$45.4 billion) in write-downs and amid an inquiry into its disclosure practices.

via Business feed http://www.scmp.com/business/companies/article/1328095/newcrest-replaces-chief-executive