Counting the cost of restructuring Bremworth

Counting the cost of restructuring Bremworth
Rob Hewett has been chair of Bremworth for nearly six months. (Image: Supplied)
Riley Kennedy
Bremworth’s new leadership has managed to “stem” the carpet maker’s cash erosion.It’s been six months since a group of shareholders led by now-chair Rob Hewett managed to roll its previous board after what it argued was “poor operational performance, erratic strategic direction, and substandard execution”.That entire previous board exited; the last two, George Adams and John Rae, went in early July, following executive members, including chief executive Greg Smith and chief financial officer Mandy Tomki...

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