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Story summary
- Securities and Investments Commission (ASIC) sued Super Retail Group chief executive Anthony Heraghty for misleading the market.
- ASIC alleges Anthony Heraghty breached directors’ duties by not disclosing a conflict of interest with HR chief Jane Kelly.
- Super Retail Group terminated Anthony Heraghty on 15 September 2025 and cancelled his $8.7 million incentives and $620,760 cash bonus.
- ASIC seeks penalties, citing breaches carrying up to $1.56 million per breach and section 1309(2) violations.
