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ASIC sues Super Retail CEO Over Undisclosed Conflict

By Drooid · · How we work

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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.