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CPA Board announces Life Membership stripped from 4 members

On 31 January 2019, CPA Australia’s Board issued a statement that at the December 2018 Board meeting, the Board agreed to exercise its power under the Constitution to remove life membership from Alex Malley, Richard Petty, Graeme Wade and Penny Egan. Part of that process required the Board to notify the individuals, which has been done.

Former CEO Malley and former Directors Petty, Wade and Egan were all involved in Australia’s largest association of professionals in 2017 when it sustained major reputational damages leading to CEO Malley being sacked and all 12 Directors resigning.

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