Booktopia directors quit as former CEO Nash takes upper hand in bitter board battle

 A bitter boardroom battle led by former CEO and company founder Tony Nash at online book retailer Booktopia has resulted in a complete rout of non-executive positions with the company’s four independent directors including the chairman tendering their resignations.

The latest development is a major win for Nash who has been agitating for more than a month to install new directors to the company he established 18 years ago.

Despite achieving his goal of wiping the slate clean with the installation of a new board, Nash says he has no intention of taking an executive role and plans to work towards a smooth transition of leadership at the company. 

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