Monday, August 02, 2010

Is Your Reputation Worth $37 Million?

What is the price of reputation?

$37 million dollars in the case of Australian retailer David Jones.

Here's the story:

"A female publicist whose complaints led to the resignation of David Jones chief executive Mark McInnes is suing him and the department store company for more than $37 million.

In her statement of claim filed in the Federal Court, Kristy Anne Fraser-Kirk says Mr McInnes made unwelcome sexual advances and comments to her at a May 23, 2010 lunch and at a June 7, 2010 function.

She is claiming punitive damages of about $37 million, being five per cent of Mr McInnes' salary and five per cent of the store's profits during the time he worked there.

If successful in her claim, she wants the money to go a charity, nominated by her, helping people in the area of sexual harassment and bullying.

Mr McInnes resigned on June 18, after he admitted to behaving "in a manner unbecoming of a chief executive to a female staff member" at two recent company functions.

In her statement of claim, Ms Fraser-Kirk alleged Mr McInnes placed his hand under her clothing to the point where it touched her bra strap.

As well as the store and Mr McInnes, Ms Fraser-Kirk is suing nine David Jones directors.

She claims the company took no action to address the inappropriate behaviour."

Source: WA Business News.

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1 comment:

Glendaajackson said...

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