Harvey Norman Boss Gerry Harvey Calls Another Journalist A “Complete C—?
They say that the culture of a Company starts at the top with senior management, so it’s no surprise to many that Gerry Harvey the Chairman of mass retailer Harvey Norman, has been accused of calling shareholder activist Stephen Mayne a complete c—? after he wrote about the Companies accounts.
It was only a week ago that he accused the Financial Review’s Jo Ashton as an “idiot”, a “bastard” and “an absolute disgrace”, whose work is “crap”, “lies”, “bullshit”, “so bad” and “nearly 100 per cent incorrect”, and who should be “stripped and flogged” and even “hung”.
Ironically in his 15-minute tirade, Gerry was unable to identify a single error in Aston’s analysis of Harvey Norman’s financial performance.
Yesterday Stephen Mayne tweeted that (speaking of antique) Harvey Norman chairman Gerry Harvey had got him on the blower for a fair and frank exchange of f—ing ideas.
Mayne’s version – and bear in mind that’s what it is – bears repeating:
“Why should I deal with you when you’re a complete c—?”, the exchange promisingly began, as Mayne sat in a taxi between AGL’s annual meeting at Melbourne Recital Centre and the Federal Court trial of a pokies addict suing casino operator Crown and machine manufacturer Aristocrat.
Gerry then claimed to Mayne that Rear Window’s analysis of Harvey Norman’s accounting methodology was “75 per cent wrong”.
Harvey informed Mayne that Ernst & Young’s signing audit partner “Sugar” Renay Robinson had already graced his FY17 accounts with her hallowed signature. If that is indeed the case, we reckon the market would be keen to hear about it too Ashton wrote today.
And finally Harvey pointed Mayne to “independent directors” on the retail and property company’s board, none of whom are independent.
Not a single member of Harvey Norman’s board – among whose number are his wife, his son and the trustee of co-founder Ian Norman’s estate – has served fewer than 10 years.
One thing that is a fact is that Harvey Norman is one of the most complained about consumer electronics and appliance retailers.
After writing about the antics of Harvey Norman and their directors for 30 years, I feel left out that I have not actually got a serve of late, maybe it’s coming.