Lew set to be re-elected as Premier chair

Premier Investments chairman Solomon Lew looks set to be re-elected after he received more than 99 per cent of votes at the company’s annual general meeting.

Shareholders on Friday voted on the re-election of board members and cast a favourable verdict for Mr Lew.

While some shareholders questioned Mr Lew’s outspoken nature, Premier’s deputy chairman David Crean cited the vote result.

“Many retail companies in Australia would love to have Mr Lew as its chairman, and he’s just received over 99 per cent of shareholder votes,” he said.

Mr Lew has this year called on shopping centres to reduce rents for retailers during the height of the pandemic and blasted the performance of department store chain Myer.

Premier Investments retail chains include Jay Jays, Just Jeans, Peter Alexander and Smiggle.

Shares were lower by 0.09 per cent to $22.81 at 1124 AEDT.

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