Disclosure Matters!

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According to IB Times, Royal Bank of Canada appointed Katherine Gibson as interim Chief Financial Officer, effective immediately, following the departure of Nadine Ahn.

Questions:

  1. Why did the Bank fire Ahn and what were the allegations against her?
  2. Before becoming CFO at the Royal Bank of Canada, what position did she hold?
  3. What percentage salary hike did Ahn receive in Fiscal 2023?

Source:

Ghosh, R. (2024). Who is Nadine Ahn? Royal Bank of Canada Fires Female CFO Over Secret Affair with Employee Who Was Given Bigger Pay and Promotions, IB Times, April 8 (https://www.ibtimes.sg/who-nadine-ahn-royal-bank-canada-fires-female-cfo-over-secret-affair-employee-who-was-given-74161)