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. Share. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. Mr. Scott served as Deputy Chief Executive. 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. 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. Management is focused on generating cash and creating shareholder wealth in the long term. Michael was appointed Managing Director, Bunnings Group in May 2017 following his appointment as Managing Director, Bunnings Australia & New Zealand in March 2016. . Subject to completion of the transaction, Catch Group will operate as an independent business unit, under the oversight of Ian Bailey, the managing director of Kmart Group. He was also a professor in the Faculty of Business Administration at Lakehead University, a comprehensive public research institution with two campuses in Ontario, Canada. Aaron was appointed interim Executive General Manager, Business Development in July 2022. Read profile. Sign up for a free account. Help using this website - Accessibility statement, the speed with which the delta variant of COVID-19 has spread. Terms of Service apply. "Show courtesy to our hardworking team members as we . We feel that a lot of our retail expertise, digital expertise, product development expertise, can help the pharmacies to be more competitive.. 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. . Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. Jenny was appointed as Chief Human Resources Officer in October 2016. CEO, University Partnerships Europe and Global Head of Recruitment. Nicole was appointed Managing Director, Wesfarmers OneDigital in November 2021, and leads the development of Wesfarmers Group-wide data and digital ecosystem. 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. Get the full list, Morningstar Institutional Equity Research. During Ian's almost 40 years with Wesfarmers, he has held a wide range of executive . With deep knowledge of regulatory and policy frameworks underpinning Australias tertiary education sector, Jo advocates for reforms that improve access and equity for students - and create a more level playing field between public and independent education providers. Read our editorial policy to learn more about our process. Bunnings (WFAFY) News . Michael was appointed Managing Director, Bunnings Group in May 2017 following his appointment as Managing Director, Bunnings Australia & New Zealand in March 2016. Provide specific products and services to you, such as portfolio management or data aggregation. Read profile. 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. No credit card required. has 37 executives - and belongs to Wesfarmers +61 734 525 600; Add an executive. Prior to this, he was Managing Director of the Wesfarmers Industrials division from August 2015 until August 2017. 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. 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. Read profile. Leadership Team. Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. 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. His . Read profile. Read profile. Three years later Jo relocated to the United Arab Emirates (UAE), where he helped establish a new vocational media academy on behalf of the Abu Dhabi Government in partnership with BBC, the Thomson Reuters Foundation, Cartoon Network Animation and Ubisoft. Home Who we are 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. 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. In his current role, Jo oversees delivery of higher education, VET, professional development and employability programs to 25,000 students globally. These activities account for the vast majority of group earnings before taxes. After three unsuccessful trials, for your security, . Wesfarmers the giant parent of the $1.7bn-valued company is playing down the big shift in the executive team for the industrial supplies business, despite changes to its CEO, CCO and CFO positions. Prior to this, he was Deputy Managing Director of the Industrials division from February 2017 and Finance Director from August 2015. Wesfarmers a diversified corporation From its origins in 1914 as a Western Australian farmers' cooperative, Wesfarmers has grown into one of Australia's largest listed companies. Wesfarmers was sitting on an estimated $1 billion in cash thanks to a $1 billion sustainability bond issue in June. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Blackwoods sells tools and safety equipment as well as mining and engineering supplies. Get Contact Info for All Departments. An established leader in both academia and government, Brian has built an impressive record of achievements over more than two decades in campus internationalization, international relations and foreign policy. Colin is also a director of the Group of 100 and previous industry representations include chair of the Advisory Board of Curtins School of Accounting and the Australian representative of the IFRS Foundation Global Financial Preparers Committee. 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. Develop and improve features of our offerings. Wesfarmers Limited (OTCPK:WFAFF) Q2 2023 Earnings Conference Call February 14, 2023 9:00 PM ETCompany ParticipantsRob Scott - Managing Director & Chief Executive OfficerAnthony Gianotti. Ian has led the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) division since July 2016. Wesfarmers in Boydton, VA Expand search. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. 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. Wesfarmers employs 318 employees. Read profile. 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. 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). Wesfarmers chief executive Rob Scott needed the right acquisition to signal the new direction he was taking the conglomerate. 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. ASX-listed Wesfarmers today announced it has entered into an agreement to acquire the Australian online retailer for cash consideration of $230 million. 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. But off the back of the delta variant, I think its a really important reminder of the importance of getting vaccinated. Anthony Gianotti Get the full list, Youre viewing 5 of 24 investments and acquisitions. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. Bev received her Master of Education from Edith Cowan University. Follow the topics, people and companies that matter to you. free lookups / month. These products and services are usually sold through license agreements or subscriptions. Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. Colin holds a Bachelor of Commerce degree, is a Fellow Chartered Accountant (FCA) and associate member of the Financial Services Institute of Australasia (FINSIA). We search for you. So it really highlights the importance of everyone getting vaccinated.. Dr. Brian J.R. Stevenson joined Navitas in January 2019 as President and CEO of its North America University Partnerships division. 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. 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. IT Department. A general manager and an executive assistant also had their roles made redundant and McVitty announced they would both leave the business. Brian grew up in the United States, Canada and Mexico, is fluent in English and Spanish, and holds a BA (Honours) and MA from the University of Victoria in British Columbia, and a doctorate from Queen's University at Kingston, Ontario. 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. 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. Read profile. Update my browser now. 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. Ian was appointed Managing Director, Kmart in February 2016 and assumed the responsibility for leading the Kmart Group division in November 2018. million verified professionals across 35 million companies. 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. How we use your information depends on the product and service that you use and your relationship with us. 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. 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. Read profile. Its managing director is Rob Scott and company's annual revenue is $68.4 B. Wesfarmers Limited is a Public Company and most of its income is generated from grocery stores and supermarkets. Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. {{ userNotificationState.getAlertCount('bell') }}. (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. Read profile. Read profile. Get contact details including emails and phone numbers It is moving into an area that is highly competitive but is not served by companies with the capital strength of Wesfarmers. free lookups / month. I understand from the federal government that they are confident of having more than enough doses of vaccines in the next couple of months, in September, and theyre doing everything they can to try to mobilise the response so that everyone has the capacity to get vaccinated, he says. No credit card required. Scott Jones was appointed to the role of Group Chief Executive Officer Navitas in July 2019, having been the Chief Executive Officer Navitas Careers and Industry Division since 2016, Global SAE Chief Executive Officer since 2014 and Chief Operating Officer since 2013. Search over 700 The Wesfarmers management team includes Rob Scott (Chief Executive Officer), Rob Scott (Chief Executive Officer), and Patrick Vartuli (Chief Technology Officer - Digital Ecosystem) . Scott says he is concerned about the speed with which the delta variant of COVID-19 has spread. Read profile. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Mr Russo, who has been running Wesfarmers' discount department stores Kmart and Target, was one of the highest paid executives and was . 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. Lorem ipsum dolor sit amet consectetur adipisicing elit. 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. Search over 700 When expanded it provides a list of search options that will switch the search inputs to match the . . 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. To explore Wesfarmerss full profile, request access. Nov 20, 2020 - 10.54am. Win whats next. How experienced are the management team and are they aligned to shareholders interests? Dr. Brian J. R. Stevenson joined Navitas in January 2019 as CEO and President of University Partnerships, North America. 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. Read profile. 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. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. 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. Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. This information is available in the PitchBook Platform. Also, another reasonable benchmark for valuation is the $1.38 a share consensus share price targets of the eight analysts covered by FactSet. 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. Enter employee name to find & verify emails, phones, social links, etc. Soul Patts is a respected value investor, so its exit carries some weight. That philosophy explains why members of the Wesfarmers executive team are regular customers at Coles, Bunnings, Kmart and Target. 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). For each of our 1,115,922 listed executives, discover their exact roles and their biographies. An established leader in both academia and government, Dr. Stevenson has built an impressive record of achievements over more than two decades in campus internationalization, international relations and foreign policy. Here's a list of some of the top trending technologies and APIs used by Wesfarmers. Gear advertisements and other marketing efforts towards your interests. Paul is responsible for determining the strategic direction of the division, overseeing the quality of delivery and ensuring a focus on efficiency. In what has again been a hugely challenging year, they have given their all to the achievement of the company's success. 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. In his message to staff, seen by Guardian Australia, Baxby said Kelly would be available in an advisory capacity until December, and leaves the business in a much better place than when he arrived. Read profile. 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. 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. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. Brian began his career at the Instituto Tecnolgico Autnomo de Mxico (ITAM) in Mexico City and later accepted an appointment as the Imperial Oil/Royal Bank Visiting Associate Professor of International Business at the University of Alberta School of Business. The latest delta variant in Sydney is a new challenge for Australia - were yet to face a challenge like this, he says. Read profile. There needs to be a real sense of urgency around moving forward with the vaccinations.. Get the full list, Youre viewing 5 of 13 board members. 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. Ian has led the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) division since July 2016. This site is protected by reCAPTCHA and the Google She has developed and implemented the strategic vision for internationalisation at several universities including internationalising the curriculum, international recruitment and marketing, student support, and international partnership development. The API offer, as priced today, will use up $687 million. Maya has been with Wesfarmers since 1993, and was appointed Group General Counsel of Wesfarmers Limited in January 2015. Jo has more than 20 years of management, strategy, leadership and business development experience in tertiary education, including 11 years with Navitas. Read profile. Homebase's Australian boss flies in to tour troubled DIY chain, Original reporting and incisive analysis, direct from the Guardian every morning. 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. 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 . Lorem ipsum dolor sit, amet consectetur adipisicing elit. Wesfarmers says the bid is pitched at a 20 per cent premium to the previous close. The Wesfarmers offer says there is growth in the pharmaceutical distribution business given that Scott and his colleagues have a reputation for comprehensive industry analysis before making an offer. First published on Tue 1 Oct 2019 00.50 EDT. 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. Read profile. 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. Read profile. 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. Share price targets of the Wesfarmers Industrials division from August 2015 until August 2017 Industrial safety... Since July 2016 their goals and dreams, Youre viewing 5 of 24 investments acquisitions! 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