This is a profile preview from the PitchBook Platform. Mr Russo, who has been running Wesfarmers' discount department stores Kmart and Target, was one of the highest paid executives and was . At Wesfarmers we believe sustainability is about understanding and managing the ways we impact the communities and environments in which we operate, to ensure that we continue to create value in the future. Read profile. We feel that a lot of our retail expertise, digital expertise, product development expertise, can help the pharmacies to be more competitive.. Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. Other operations include chemicals, fertilisers, industrial and medical gases, LPG production and distribution, and industrial and safety supplies. {{ userNotificationState.getAlertCount('bell') }}. His previous roles include Global Deputy CEO of SAE and Deputy CEO of the Navitas Careers & Industry division. (business & personal). Prior to taking the helm at Lakehead, Dr. Stevenson served the University of Winnipeg in Manitoba, Canada as Provost and Vice-President, Academic from 2006 to 2010, where he was also a professor in the Faculty of Business and Economics. After three unsuccessful trials, for your security, . Catch is now the responsibility of Wesfarmers executive Nicole Sheffield, a former executive at Australia Post and News Corporation, and currently includes loyalty program OnePass and the Advanced Analytics Centre. We sell different types of products and services to both investment professionals and individual investors. Paul holds a LLB from John Moores University, an MBA in General Management from the University of Brighton and a MA, Research from the University of Brighton. Sheffield joins Wesfarmers' executive leadership team as a managing director from November and is tasked with leading development of what it's hoping will be a market-leading data and digital ecosystem. Dr. Brian J. R. Stevenson joined Navitas in January 2019 as CEO and President of University Partnerships, North America. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. On Thursday last week, McVitty emailed staff to say that Blackwoods chief commercial officer James Pyne would be going on a one-year career break from 1 January 2020, with an intention he would return to Blackwoods in 2021. The Melbourne-based litigator and partner of Allens Arthur Robinson will become group general counsel for Wesfarmers, prompting the resignation of Mr Meadows' wife Patricia Cross from the company's board . Bev received her Master of Education from Edith Cowan University. (business & personal). A spokesperson for Wesfarmers said the restructure was not unusual with a new CEO coming into the business and while two general manager roles were removed, there were four new regional general manager jobs across Queensland, Western Australia, south-eastern Australia and NSW/ACT to shift the companys focus on regional sales. But Chanticleer thinks Scott may have taken the Priceline discount model a bit far with his low-ball, $687 million all-cash offer for API. Wesfarmers in Boydton, VA Expand search. Get the full list, Youre viewing 5 of 24 investments and acquisitions. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. free lookups / month. Our diverse business operations cover: home improvement and outdoor living; apparel and general merchandise; office supplies;health, beauty and wellbeing; and an Industrials division with businesses in chemicals, energy and fertilisers, and industrial and safety products. But Chanticleer thinks Scott may have taken the Priceline. At Wesfarmers, Colin held a number of roles including, most recently, Chief Financial Officer of the Kmart Group comprising Kmart, Target and related international operations. Vicki was appointed Executive General Manager, Company Secretariat in March 2020 and is the Company Secretary of Wesfarmers. Up to 5 In closing I pay tribute to the outstanding Wesfarmers management team, led so capably by our Managing Director, Rob Scott. Thats really important, but as a community we really need to overcome some of this vaccine hesitancy. In his place was long-time Wesfarmers exec Rachael McVitty as interim CEO, and then ultimately CEO. A lower score indicates better sustainability, Exposure refers to the extent to which a company is exposed to different material ESG issues, Management is related to actions taken to manage ESG issues. Copyright 2023 Morningstar, Inc. All rights reserved. Wesfarmers Chemicals, Energy and Fertilisers, People development, diversity and inclusion, Chairman and Managing Director's 2022 sustainability message, Bunnings collaborates with Indigenous artists through exclusive plant pots range, Bunnings support for flood affected communities, Bunnings launches national battery recycling programs, Bunnings expands fleet with all electric trucks. So it really highlights the importance of everyone getting vaccinated.. Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. Terms of Service apply. Rob was appointed Managing Director and Chief Executive Officer of Wesfarmers in November 2017 following his appointment as Deputy Chief Executive Officer in February 2017. free lookups / month. For each of our 1,115,922 listed executives, discover their exact roles and their biographies. Emily was appointed Managing Director, Health with effect from 26 April 2022, and leads the development of health-related opportunities following Wesfarmers acquisition of Australian Pharmaceutical Industries Limited (API). These two price points suggest the board, which initially told shareholders to take no action, will come back with a rejection, saying the bid undervalues the company by at least 30 per cent. All rights reserved. Rob was appointed Managing Director and Chief Executive Officer of Wesfarmers in November 2017 following his appointment as Deputy Chief Executive Officer in February 2017. She would have been doubly unimpressed that this team was joining . Read profile. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. These products and services are usually sold through license agreements or subscriptions. Ian has led the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) division since July 2016. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Get the full list, Morningstar Institutional Equity Research. He says his membership of the Priceline loyalty program is in keeping with the philosophy at Wesfarmers that all senior executives must have first-hand understanding of the businesses they own and operate. The companys move into pharmaceutical distribution through the takeover of Australian Pharmaceutical Industries is a slap in the face for those who think conglomerates are not suited to delivering growth. 337927). The company has more than 5,000 staff in 200 outlets across Australia. The Wesfarmers management team includes Rob Scott (Chief Executive Officer), Rob Scott (Chief Executive Officer), and Patrick Vartuli (Chief Technology Officer - Digital Ecosystem). Vicki was appointed Executive General Manager, Company Secretariat in March 2020 and is the Company Secretary of Wesfarmers. From 2010-2017, Dr. Stevenson served as President and Vice- Chancellor of Lakehead University, a comprehensive public research institution with two campuses in Ontario, Canada. Another factor working against a defence strategy calling for a higher price is that there have been two profit downgrades since the stock was $1.38 a share in April. To explore Wesfarmerss full profile, request access. Provide specific products and services to you, such as portfolio management or data aggregation. Aaron was appointed interim Executive General Manager, Business Development in July 2022. Managing Director and Chief Executive Officer, Wesfarmers Rob was appointed Managing Director and Chief Executive Officer of Wesfarmers in November 2017 following his appointment as Deputy Chief Executive Officer in February 2017. Blackwoods hardware chain has had a major shift in its executive team, but a Wesfarmers spokesperson says the restructure is not unusual. Read profile. Break down of Wesfarmers' executives performance can be a valuable factor that investors could use to determine the amount of risk associated with Wesfarmers' future performance. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Lorem ipsum dolor sit amet consectetur adipisicing elit. Prior to this, he was Deputy Managing Director of the Industrials division from February 2017 and Finance Director from August 2015. Mr. Robert G. Scott, also known as Rob, has been Managing Director, Chief Executive Officer and Executive Director of Wesfarmers Limited since November 16, 2017. Nov 20, 2020 - 10.54am. Mr. Scott served as Deputy Chief Executive Show more. Sarah was appointed Managing Director, Officeworks in January 2019. Popular Searches Wesfarmers Verify your identity, personalize the content you receive, or create and administer your account. Learn about the executive team and board of directors at Wesfarmers Ltd (WES:XASX) and review their bios and compensation over the latest fiscal years. . Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. Throughout his career, Scott has gained significant international experience as well as contacts and partnerships across the US, UK, Europe, Asia, Africa and Middle East. These activities account for the vast majority of group earnings before taxes. Its retail operations include the Bunnings hardware chain (number one in market share), discount department stores Kmart and Target (number one and three) and Officeworks in office supplies (number one). Read profile. Looking for a particular Wesfarmers employee's phone or email? In what has again been a hugely challenging year, they have given their all to the achievement of the company's success. Search over 700 I am joining you today from the Wesfarmers corporate office in Perth, along with our Managing Director, Rob Scott; our Company Secretary, Vicki Robinson; and our longest serving non-executive director, Diane Smith-Gander AO, who will chair this AGM during the consideration of my re-election. Wesfarmers Chemicals, Energy and Fertilisers, People development, diversity and inclusion, Chairman and Managing Director's 2022 sustainability message, Bunnings collaborates with Indigenous artists through exclusive plant pots range, Bunnings support for flood affected communities, Bunnings launches national battery recycling programs, Bunnings expands fleet with all electric trucks. Wesfarmers's key executives include Rob Scott and 11 others. This information is available in the PitchBook Platform. The second downgrade came on Monday when the company said its full year underlying profit would be in a range of $66 million to $68 million, compared to previous guidance of $75 million. Enter employee name to find & verify emails, phones, social links, etc. Read profile. Help using this website - Accessibility statement, the speed with which the delta variant of COVID-19 has spread. Read profile. Read profile. Jo has more than 20 years of management, strategy, leadership and business development experience in tertiary education, including 11 years with Navitas. Get contact details including emails and phone numbers Vice President, Lithium Markets & Strategy. Wesfarmers has parted ways with David Baxby, who as head of its industrials division played a key role in the conglomerate's now stalled move into the lithium sector. Read profile. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Prior to this, Ian was Chief Operating Officer of that business. But if Wesfarmers succeeds in taking over API, it will represent about 1.9 per cent of Wesfarmers earnings before interest and tax, according to Goldman Sachs analyst Andrew McLennan. 2023 PitchBook. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. CEO, University Partnerships Europe and Global Head of Recruitment. Colin holds a Bachelor of Commerce degree, is a Fellow Chartered Accountant (FCA) and associate member of the Financial Services Institute of Australasia (FINSIA). Follow the topics, people and companies that matter to you. But arguments in favour of a higher offer price will be blunted by the decision of Washington Soul Pattinson to accept for its 19.3 per cent shareholder. has 37 executives - and belongs to Wesfarmers +61 734 525 600; Add an executive. He was the 2018-19 Fulbright Research Chair in the US-Mexico Studies Center of the School of Public Policy and Study at the University of California, San Diego (UCSD). Read profile. Michael was appointed Managing Director, Bunnings Group in May 2017 following his appointment as Managing Director, Bunnings Australia & New Zealand in March 2016. Please update your browser to view this website correctly. But off the back of the delta variant, I think its a really important reminder of the importance of getting vaccinated. Scott has a strong track record of strategic growth, organisational performance and leadership, both within Navitas and SAE, and before that within the FMCG sector. The API offer, as priced today, will use up $687 million. Ian was appointed Managing Director, Kmart in February 2016 and assumed the responsibility for leading the Kmart Group division in November 2018. Wesfarmers primary objective is to deliver satisfactory returns to shareholders through financial discipline and strong management of a diversified portfolio of businesses. While at Lakehead, Dr. Stevenson was also a professor in the Faculty of Business Administration. Public Fundamental Data provided by Morningstar, Inc. Youre viewing 5 of 15 executive team members. Looking for a particular Wesfarmers employee's phone or email? IT Department. She joined Wesfarmers in 2011 as the Human Resources Director, Coles and held this role until 2015 when she took on the role of Business Development Director, Coles. Management is focused on generating cash and creating shareholder wealth in the long term. During Colins time at Ernst & Young, he spent a number of years on international secondments that included San Jose in California and Vancouver in Canada. Scott says it was great to hear at the weekend that community pharmacies are going to play a greater role in the vaccination program. Scott says he is concerned about the speed with which the delta variant of COVID-19 has spread. Executive General Manager, Corporate Affairs, Wesfarmers Naomi joined Wesfarmers as Executive General Manager, Corporate Affairs in August 2018. Mar 31, 2022 - 5.09pm. Wesfarmers says the bid is pitched at a 20 per cent premium to the previous close. He most recently served as the 2018-19 Fulbright Research Chair in the US-Mexico Studies Center of the School of Public Policy and Study at the University of California, San Diego (UCSD). Soul Patts is a respected value investor, so its exit carries some weight. Her current responsibility is to manage all University Partnerships operations in Australasia as well as being responsible for determining the strategic direction of the division, overseeing the learning and teaching direction to ensure the quality of delivery and strong student outcomes. Gear advertisements and other marketing efforts towards your interests. Free Test. He then served as senior policy advisor to the Canadian Ministers of International Trade and Foreign Affairs in Ottawa before returning to the University of Alberta as Vice-Provost and Associate Vice-President (International) and associate professor at the School of Business. In 2014, she was awarded the International Education Distinguished Leadership Award from the British Columbia Council for International Education. {{ userNotificationState.getAlertCount('bell') }}. Maya has been with Wesfarmers since 1993, and was appointed Group General Counsel of Wesfarmers Limited in January 2015. Naomi joined Wesfarmers as Executive General Manager, Corporate Affairs in August 2018. Looking for a particular Wesfarmers employee's phone or email? How we use your information depends on the product and service that you use and your relationship with us. The appointment of leading commercial lawyer Paul Meadows to Wesfarmers' executive team has had a ripple affect across the top of the conglomerate, at both board and management level.. As a member of Pricelines Sister Club loyalty program, Wesfarmers chief executive Rob Scott is familiar with the business model underpinning his latest takeover target, Australian Pharmaceutical Industries. Having previously served as President and Vice-Chancellor of Lakehead University for just over seven years, Brian previously served as Provost and Vice-President Academic at the University of Winnipeg, as well as Vice-Provost and Associate Vice-President at the University of Alberta. Mar 2, 2023 - 10.42am. Show more CEO Compensation Analysis Paul has a deep and intimate knowledge of international higher education and pathways markets in the United Kingdom gained during his two decades of employment with Study Group in a diverse range of roles. Get the full list, To view Wesfarmerss complete subsidiaries history, request access, To view Wesfarmerss complete esg history, request access, Youre viewing 5 of 10 exits. Read profile. Chief Financial Officer, Wesfarmers Anthony was appointed Chief Financial Officer of Wesfarmers in November 2017 following his appointment as Deputy Chief Financial Officer in July 2017. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. Up to 5 Paul is responsible for determining the strategic direction of the division, overseeing the quality of delivery and ensuring a focus on efficiency. It is moving into an area that is highly competitive but is not served by companies with the capital strength of Wesfarmers. Rob Scott Managing Director Michael Chaney Ao Non-Executive Chairman Anthony Gianotti Chief Financial Officer Maya vanden Driesen Group General Counsel Michael Schneider Managing Director, Bunnings Group Mike Roche Non-Executive Director Vicki Robinson No credit card required. Read profile. Peer performance insights compare the companys ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements. CEO and President of University Partnerships, North America. Looking for a particular Wesfarmers employee's phone or email? The . Read profile. There needs to be a real sense of urgency around moving forward with the vaccinations.. In late May, David Baxby, Wesfarmers industrials division managing director, announced that Peter Kelly, Blackwoods CEO, would leave the company to pursue opportunities outside of Wesfarmers. . And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Update my browser now. That philosophy explains why members of the Wesfarmers executive team are regular customers at Coles, Bunnings, Kmart and Target. Ian was appointed Managing Director, Kmart in February 2016 and assumed the responsibility for leading the Kmart Group division in November 2018. Get the full list, Youre viewing 5 of 13 board members. Wesfarmers primary objective is to deliver satisfactory returns to shareholders through financial discipline and strong management of a diversified portfolio of businesses. Jenny was appointed as Chief Human Resources Officer in October 2016. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Get Contact Info for All Departments. Parent company Wesfarmers plays down shift in senior management team despite changes to CEO, CCO and CFO positions. One of Australias biggest hardware chain stores, Blackwoods, has undergone wholesale changes with much of the senior management team either leaving or going on an extended break. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Founded in 1914 as a Western Australian farmers' cooperative, Wesfarmers now offers diverse business operations covering supermarkets, department stores, home improvement and office supplies, coal production and export, chemicals, energy and fertilizers, and industrial and safety products. Its retail operations include the Bunnings hardware chain (number one in market share), discount department stores Kmart and Target (number one and three) and Officeworks in office supplies (number one). Get Contact Info for All Departments President and CEO, University Partnerships North America (UPNA). Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. Read profile. This site is protected by reCAPTCHA and the Google Sarah was appointed Managing Director, Officeworks in January 2019. Leadership Team. Anthony Gianotti Privacy Policy and Before joining Wesfarmers, Colin was a Partner for Ernst & Young in the Perth offices Assurance & Advisory Business Services practice, leading a team of professionals in the Retail, Consumer and Industrial Products group. No credit card required. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. The new Wesfarmers CFO, Anthony Gianotti, was paid $2.62m. Scott says the API ideal will allow Wesfarmers to capitalise on its deep expertise in supply chain management. Wesfarmers employs 318 employees. Mar 19, 2020 - 2.39pm. Western Australian farmers' cooperative, which is known as Wesfarmers has found in 1914 and has grown to one of the largest companies in Australia. 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