Read profile. 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. Nicole was appointed Managing Director, Wesfarmers OneDigital in November 2021, and leads the development of Wesfarmers Group-wide data and digital ecosystem. 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. Naomi joined Wesfarmers as Executive General Manager, Corporate Affairs in August 2018. Vicki was appointed Executive General Manager, Company Secretariat in March 2020 and is the Company Secretary of Wesfarmers. Follow the topics, people and companies that matter to you. 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. (business & personal). Popular Searches Wesfarmers 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. 337927). Bunnings (WFAFY) News . 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. 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. I think thats absolutely the right thing to do.. This button displays the currently selected search type. Wesfarmers Limited (OTCPK:WFAFF) Q2 2023 Earnings Conference Call February 14, 2023 9:00 PM ETCompany ParticipantsRob Scott - Managing Director & Chief Executive OfficerAnthony Gianotti. Here's a list of some of the top trending technologies and APIs used by Wesfarmers. Naomi Flutter EXECUTIVE GENERAL MANAGER CORPORATE AFFAIRS WESFARMERS Naomi joined Wesfarmers as . First published on Tue 1 Oct 2019 00.50 EDT. CBA offer takes Wesfarmers to next level in ESG. 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. 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. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Read profile. Read profile. 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. 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. "Show courtesy to our hardworking team members as we . 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. 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. 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. Anything missing? Read profile. Update my browser now. . Wesfarmers employs 318 employees. 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) . million verified professionals across 35 million companies. Read profile. 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. Verify your identity, personalize the content you receive, or create and administer your account. 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 becoming CEO of University Partnerships, Australasia in July 2018, she was working for Navitas in North America for 12 years across a number of roles including: College Director and Principal at Navitas first pathway program in North America; Fraser International College; General Manager for Navitas Canada and as President and CEO of University Partnerships, North America. Wesfarmers' executive team . Wesfarmers boss Rob Scott has tapped Ed Bostock to help lead the integration of the company's newest asset, Australian Pharmaceutical Industries, marking the beginning . That philosophy explains why members of the Wesfarmers executive team are regular customers at Coles, Bunnings, Kmart and Target. We search for you. Read profile. Free Test. Anthony was appointed Chief Financial Officer of Wesfarmers in November 2017 following his appointment as Deputy Chief Financial Officer in July 2017. Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. Wesfarmers is Australia's largest conglomerate. Get contact details including emails and phone numbers 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. 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. Mark Eggleton. Read profile. No credit card required. Anthony Gianotti Ian was appointed Managing Director, Kmart in February 2016 and assumed the responsibility for leading the Kmart Group division in November 2018. Rob Scott is deploying a chunk of the $1 billion in cash on the Wesfarmers balance sheet. These activities account for the vast majority of group earnings before taxes. 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. 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. Ian has led the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) division since July 2016. IT Department. 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. Blackwoods hardware chain has had a major shift in its executive team, but a Wesfarmers spokesperson says the restructure is not unusual. Scott tells Chanticleer that Australia needs to have a greater sense of urgency about vaccination of the general population against COVID-19. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Up to 6,000 current and former employees at Wesfarmers' industrial division were underpaid an estimated $15m, Guardian Australia has learned. Wesfarmers's key executives include Rob Scott and 11 others. 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. Michael was appointed Managing Director, Bunnings Group in May 2017 following his appointment as Managing Director, Bunnings Australia & New Zealand in March 2016. Looking for a particular Wesfarmers employee's phone or email? CEO and President of University Partnerships, North America. 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. Provide specific products and services to you, such as portfolio management or data aggregation. 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. There needs to be a real sense of urgency around moving forward with the vaccinations.. Share. Privacy Policy and Also, another reasonable benchmark for valuation is the $1.38 a share consensus share price targets of the eight analysts covered by FactSet. Read profile. Read profile. A general manager and an executive assistant also had their roles made redundant and McVitty announced they would both leave the business. To explore Wesfarmerss full profile, request access. After three unsuccessful trials, for your security, . They also provide over-the-counter products, not just in the pharmaceutical space, but in the beauty area, through a range of pharmacies, including the Priceline chain. His previous roles include Global Deputy CEO of SAE and Deputy CEO of the Navitas Careers & Industry division. Maya has been with Wesfarmers since 1993, and was appointed Group General Counsel of Wesfarmers Limited in January 2015. It is believed Wesfarmers looked at the Chemist Warehouse chain of pharmacies, but it prefers the API business model which offers a franchise deal to pharmacists rather than Chemist Warehouses direct ownership of pharmacies. CEO, University Partnerships Europe and Global Head of Recruitment. 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. All rights reserved. Other operations include chemicals, fertilisers, industrial and medical gases, LPG production and distribution, and industrial and safety supplies. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Prior to his role at SAE, Scott was . Thats really important, but as a community we really need to overcome some of this vaccine hesitancy. 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. Get the full list, Youre viewing 5 of 24 investments and acquisitions. 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 These activities account for the vast majority of group earnings before taxes. Get the full list, Youre viewing 5 of 13 board members. 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. 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. 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. Get Contact Info for All Departments. In late 2011, Jo returned to Australia to work for Navitas which had since acquired SAE. Search over 700 The new Wesfarmers CFO, Anthony Gianotti, was paid $2.62m. Dr. Brian J. R. Stevenson joined Navitas in January 2019 as CEO and President of University Partnerships, North America. 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. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. 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. David Rowe. Looking for a particular Wesfarmers employee's phone or email? 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. Up to 5 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. 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. Read profile. Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. Mr. Scott served as Deputy Chief Executive, MD of Bunnings Group and MD of Bunnings Australia & New Zealand. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. 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. Leadership Team. Prior to this, he was Deputy Managing Director of the Industrials division from February 2017 and Finance Director from August 2015. Mr. Scott served as Deputy Chief Executive Show more. 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. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. Scott says it was great to hear at the weekend that community pharmacies are going to play a greater role in the vaccination program. Sign up for a free account. Bev received her Master of Education from Edith Cowan University. Michael was appointed Managing Director, Bunnings Group in May 2017 following his appointment as Managing Director, Bunnings Australia & New Zealand in March 2016. Jenny was appointed as Chief Human Resources Officer in October 2016. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Wesfarmers headquarters are located in Brookfield Place Tower 2 14 St Georges Ter L 123, Perth, Western Australia, 6000, Australia, Wesfarmerss main industries are: Holding Companies & Conglomerates, Retail, Grocery Retail, Department Stores, Shopping Centers & Superstores, Office Products Retail & Distribution, Manufacturing, Chemicals & Related Products, Wesfarmers appears in search results as wesfarmers Ltd, Wesfarmers, Wesfarmers General Insurance Ltd, Wesfarmers Federation Insurance Ltd, Howard Smith, Department Stores, Shopping Centers & Superstores, Web Hypertext Application Technology Working Group, International Organization for Standardization, Get Free Access to Wesfarmers Contacts Info. Maya has been with Wesfarmers since 1993, and was appointed Group General Counsel of Wesfarmers Limited in January 2015. Weve been looking at the healthcare sector for many years looking at where we think there may be some good opportunities for growth, and also areas where we have the capability, Scott says. 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. This is a profile preview from the PitchBook Platform. 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. 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. Win whats next. Wesfarmers is Australia's largest conglomerate. Gear advertisements and other marketing efforts towards your interests. 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. Colin joined Navitas from Wesfarmers in December 2019. He says there should be a race to get the vaccine into the community as fast as possible. Read profile. 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. Read our editorial policy to learn more about our process. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Read profile. Wesfarmers chief executive Rob Scott needed the right acquisition to signal the new direction he was taking the conglomerate. Wesfarmers primary objective is to deliver satisfactory returns to shareholders through financial discipline and strong management of a diversified portfolio of businesses. 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. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. We feel that a lot of our retail expertise, digital expertise, product development expertise, can help the pharmacies to be more competitive.. 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. Paul is responsible for determining the strategic direction of the division, overseeing the quality of delivery and ensuring a focus on efficiency. Mar 19, 2020 - 2.39pm. 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. 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. . Get contact details including emails and phone numbers 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 . Wesfarmers' executive team performance analysis, includes Wesfarmers' insider information and evaluation of its leadership effectiveness. These products and services are usually sold through license agreements or subscriptions. 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. Read profile. Wesfarmers was sitting on an estimated $1 billion in cash thanks to a $1 billion sustainability bond issue in June. One global movement the COVID-19 pandemic hasn't shut down this year is the acceleration . In his current role, Jo oversees delivery of higher education, VET, professional development and employability programs to 25,000 students globally. Scott says he is concerned about the speed with which the delta variant of COVID-19 has spread. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. 2023 PitchBook. The latest delta variant in Sydney is a new challenge for Australia - were yet to face a challenge like this, he says. 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). 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. Save. For each of our 1,115,922 listed executives, discover their exact roles and their biographies. Copyright 2023 Morningstar, Inc. All rights reserved. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. Bev has been working in international education for thirty years in four countries. 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.. Parent company Wesfarmers plays down shift in senior management team despite changes to CEO, CCO and CFO positions. 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. Sarah was appointed Managing Director, Officeworks in January 2019. 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). The company has more than 5,000 staff in 200 outlets across Australia. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. 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. . 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. 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. 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. Blackwoods sells tools and safety equipment as well as mining and engineering supplies. Help using this website - Accessibility statement, the speed with which the delta variant of COVID-19 has spread. 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. Dr. Brian J.R. Stevenson joined Navitas in January 2019 as President and CEO of its North America University Partnerships division. Please update your browser to view this website correctly. Aaron was appointed interim Executive General Manager, Business Development in July 2022. The . Lorem ipsum dolor sit amet consectetur adipisicing elit. Mr Russo, who has been running Wesfarmers' discount department stores Kmart and Target, was one of the highest paid executives and was . Sign up for a free account. Wesfarmers primary objective is to deliver satisfactory returns to shareholders through financial discipline and strong management of a diversified portfolio of businesses. Sarah was appointed Managing Director, Officeworks in January 2019. 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. She would have been doubly unimpressed that this team was joining . Read profile. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. The API bid makes sense as part of a larger roll-up strategy of companies in the health, wellbeing and beauty sectors. Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. Aaron was appointed interim Executive General Manager, Business Development in July 2022. Read profile. Group CEO, Navitas. In closing I pay tribute to the outstanding Wesfarmers management team, led so capably by our Managing Director, Rob Scott. Enter employee name to find & verify emails, phones, social links, etc. But off the back of the delta variant, I think its a really important reminder of the importance of getting vaccinated. What we like about this business is that its one of three major pharmaceutical distribution companies and we have, obviously, a lot of deep supply chain distribution experience, he says. 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. Scott says the API ideal will allow Wesfarmers to capitalise on its deep expertise in supply chain management. (business & personal). 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 this, he was Managing Director of the Wesfarmers Industrials division from August 2015 until August 2017. But Chanticleer thinks Scott may have taken the Priceline. Mar 31, 2022 - 5.09pm. When expanded it provides a list of search options that will switch the search inputs to match the . Western Australian farmers' cooperative, which is known as Wesfarmers has found in 1914 and has grown to one of the largest companies in Australia. 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. Paul joined Navitas in 2015 and has overall responsibility for establishing new partnerships and overseeing all University Partnerships operations in Europe. 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. Or email as CEO and President of University Partnerships operations in Europe has had a major in... 5,000 staff in 200 outlets across Australia ; Show courtesy to our hardworking team members as.. 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