Blue Sky Alternative Investments announces board changes

Company News

by Anna Napoli

Blue Sky Alternative Investments (ASX:BLA) has announced the Hon Cheryl Edwardes AM, John McDonald and Robert Kaye SC will join its board as independent non-executive directors.

The appointments come on the back of Andrew Day's selection as Executive Chair last month.

The company has confirmed the retirement of directors, Phil Hennessy, Tim Wilson and Kim Morrison.

It has been a difficult year for Blue Sky after a short seller launched a campaign against the company in March.

BlueSky reported an $85.6 million loss for the 2018 financial year.

Shares in Blue Sky Alternative Investments (ASX:BLA) are trading 1.51 per cent lower at $0.98.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.