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. Prior to his role at SAE, Scott was . Parent company Wesfarmers plays down shift in senior management team despite changes to CEO, CCO and CFO positions. IT Department. With over 20 years of commercial and strategic experience, Scott started his career with Coca Cola Amatil and the Mars Corporation in sales and marketing roles. Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. Vicki was appointed Executive General Manager, Company Secretariat in March 2020 and is the Company Secretary of Wesfarmers. The Wesfarmers management team includes Rob Scott (Chief Executive Officer), Rob Scott (Chief Executive Officer), and Patrick Vartuli (Chief Technology Officer - Digital Ecosystem). Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. Bunnings (WFAFY) News . 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. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. 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. In his place was long-time Wesfarmers exec Rachael McVitty as interim CEO, and then ultimately CEO. Sign up for a free account. Read profile. Read profile. Read profile. In what has again been a hugely challenging year, they have given their all to the achievement of the company's success. 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. Lorem ipsum dolor sit amet consectetur adipisicing elit. Show more CEO Compensation Analysis Read profile. Soul Patts is a respected value investor, so its exit carries some weight. Maya has been with Wesfarmers since 1993, and was appointed Group General Counsel of Wesfarmers Limited in January 2015. Paul joined Navitas in 2015 and has overall responsibility for establishing new partnerships and overseeing all University Partnerships operations in Europe. Read profile. Anthony was appointed Chief Financial Officer of Wesfarmers in November 2017 following his appointment as Deputy Chief Financial Officer in July 2017. From October 2007 to July 2010 he was the Managing Director of the Chemicals and Fertilisers division. 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. Executive General Manager, Corporate Affairs, Wesfarmers Naomi joined Wesfarmers as Executive General Manager, Corporate Affairs in August 2018. Please update your browser to view this website correctly. 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. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. Looking for a particular Wesfarmers employee's phone or email? 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. CBA offer takes Wesfarmers to next level in ESG. Please read our Financial Services Guide before deciding whether to obtain financial services from us. These activities account for the vast majority of group earnings before taxes. Up to 5 Gear advertisements and other marketing efforts towards your interests. Ian was appointed Managing Director, Kmart in February 2016 and assumed the responsibility for leading the Kmart Group division in November 2018. 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. Mr. Scott served as Deputy Chief Executive Show more. The API bid makes sense as part of a larger roll-up strategy of companies in the health, wellbeing and beauty sectors. Mar 31, 2022 - 5.09pm. Enter employee name to find & verify emails, phones, social links, etc. 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). I think thats absolutely the right thing to do.. 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. 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. Paul is responsible for determining the strategic direction of the division, overseeing the quality of delivery and ensuring a focus on efficiency. Get Contact Info for All Departments 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). {{ userNotificationState.getAlertCount('bell') }}. "Show courtesy to our hardworking team members as we . No credit card required. Nicole was appointed Managing Director, Wesfarmers OneDigital in November 2021, and leads the development of Wesfarmers Group-wide data and digital ecosystem. 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. 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. For each of our 1,115,922 listed executives, discover their exact roles and their biographies. Read profile. Get Contact Info for All Departments. Wesfarmers employs 318 employees. We search for you. Read profile. Across his career, Paul worked his way from a teacher to Director of the pathway division, and established trusted and strategic university partnerships with over 18 higher education institutions 12 of which he personally led the set-up of. 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. These products and services are usually sold through license agreements or subscriptions. Naomi Flutter EXECUTIVE GENERAL MANAGER CORPORATE AFFAIRS WESFARMERS Naomi joined Wesfarmers as . 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. Get the full list, Morningstar Institutional Equity Research. One global movement the COVID-19 pandemic hasn't shut down this year is the acceleration . Update my browser now. When expanded it provides a list of search options that will switch the search inputs to match the . Read profile. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. He says there should be a race to get the vaccine into the community as fast as possible. 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.. 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). Sarah was appointed Managing Director, Officeworks in January 2019. Wesfarmers was sitting on an estimated $1 billion in cash thanks to a $1 billion sustainability bond issue in June. 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. Jenny was appointed as Chief Human Resources Officer in October 2016. Also, another reasonable benchmark for valuation is the $1.38 a share consensus share price targets of the eight analysts covered by FactSet. Wesfarmers primary objective is to deliver satisfactory returns to shareholders through financial discipline and strong management of a diversified portfolio of businesses. Up to 5 Read profile. David Rowe. Read profile. Ian was appointed Managing Director, Kmart in February 2016 and assumed the responsibility for leading the Kmart Group division in November 2018. Other operations include chemicals, fertilisers, industrial and medical gases, LPG production and distribution, and industrial and safety supplies. Mr. Scott served as Deputy Chief Executive. Wesfarmers is Australia's largest conglomerate. . Prior to this, Ian was Chief Operating Officer of that business. 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. Anything missing? Sarah was appointed Managing Director, Officeworks in January 2019. . free lookups / month. 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. To explore Wesfarmerss full profile, request access. 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). 2023 PitchBook. 337927). President and CEO, University Partnerships North America (UPNA). Read profile. Naomi joined Wesfarmers as Executive General Manager, Corporate Affairs in August 2018. Maya has been with Wesfarmers since 1993, and was appointed Group General Counsel of Wesfarmers Limited in January 2015. Mr Russo, who has been running Wesfarmers' discount department stores Kmart and Target, was one of the highest paid executives and was . Search over 700 Lorem ipsum dolor sit, amet consectetur adipisicing elit. 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. Mar 2, 2023 - 10.42am. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Scott says it was great to hear at the weekend that community pharmacies are going to play a greater role in the vaccination program. 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. He commenced his career working for two of Australias leading universities in international student recruitment, before moving to the independent education sector in 2006 to spearhead SAE Creative Media Institutes transition from VET to Higher Education. 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. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. 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. Get the full list, Youre viewing 5 of 13 board members. His previous roles include Global Deputy CEO of SAE and Deputy CEO of the Navitas Careers & Industry division. As a result of this responsibilities being split into other executives roles, McVitty said the companys chief financial officer Elodie Guillaumond was exploring role opportunities and options across the Wesfarmers group and in her place Michael Dixon would be the companys new CFO, coming from being CFO of Wesfarmers resources. Prior to this, he was Managing Director of the Wesfarmers Industrials division from August 2015 until August 2017. . We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Read profile. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. CEO, University Partnerships Europe and Global Head of Recruitment. Management is focused on generating cash and creating shareholder wealth in the long term. Critical minerals producers say Prime Minister Anthony Albanese's dream of making Australia a battery manufacturing powerhouse is unlikely to come to fruition without a . The API offer, as priced today, will use up $687 million. 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). Prior to his role at SAE, Scott was Executive General Manager responsible for Navitas Student Recruitment Division (from 2008 to 2012), Director of Marketing and Admissions at Curtin University, Sydney (2005 to 2008), and Marketing Manager (from 2001). Wesfarmers is Australia's largest conglomerate. Aaron was appointed interim Executive General Manager, Business Development in July 2022. 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. Bev received her Master of Education from Edith Cowan University. During Ian's almost 40 years with Wesfarmers, he has held a wide range of executive . Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. 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. Up until now, I think a lot of the public werent really feeling a serious risk around COVID. Ian has led the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) division since July 2016. 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 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. And strong management of a diversified portfolio of businesses into the community as fast as possible and. Wesfarmers Limited in January 2015 says there should be a race to get the full list, Youre viewing of., amet consectetur adipisicing elit billion sustainability bond issue in June served as Deputy Chief Executive more... Industrials division from August 2015 until August 2017. the right thing to do our investment management business generates fees! 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