By Colin Kruger Elias Visontay
Brown worked at four different Affinity centres, which are owned by Quadrant Private Equity.
Two centres were owned by G8 Education, which had a market capitalisation of around $1 billion before news of Brown’s arrest became public. Its share price has slipped almost 10 per cent in the less than two days since the allegations were made public.
G8’s chief executive Pejman Okhovat received remuneration totalling $3.3 million in 2024. His total actual remuneration, which is sometimes used as a more accurate reflection of pay, totalled $1.53 million.
On Wednesday, Affinity backed its internal systems and existing laws.