Travel News

Ewen Crouch puts reputation on the line to back Corporate Travel

Corporate Travel Management chairman and Westpac director Ewen Crouch is taking on one of the country’s most successful short sellers, VGI Partners. David Rowe

When Crouch joined the board the company was suffering from VGI’s attack on its accounts and its accounting methods. This report was published in October last year.

The pressure on the company was unnecessarily escalated by an embarrassing series of missteps by the founder and chief executive Jamie Pherous, who has been ridiculed by The Australian Financial Review’s Rear window columnist Joe Aston.

The pressure on Crouch is not…

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