Endeavour Group Facing Criticism From Largest Shareholder and what smaller player can do

Billionaire Bruce Mathieson, the largest shareholder in Endeavour Group, a company that owns pubs and bottle shops in Australia, has publicly criticized the company’s leadership and performance. Mathieson believes the company’s leadership, specifically outgoing CEO Steve Donohue, is not competent and that their management has led to declining sales and a lower share price. Mathieson has called for a change in leadership and a restructuring of the company. Endeavour Group recently announced a profit warning and a drop in sales for the first quarter, which has further fueled Mathieson’s criticism.