Wesfarmers Limited (OTCPK:WFAFF) Q2 2023 Earnings Conference Call February 14, 2023 9:00 PM ETCompany ParticipantsRob Scott - Managing Director & Chief Executive OfficerAnthony Gianotti. Prior to this, he was Managing Director of the Wesfarmers Industrials division from August 2015 until August 2017. . Wesfarmers is Australia's largest conglomerate. Vice President, Lithium Markets & Strategy. Colin joined Navitas from Wesfarmers in December 2019. million verified professionals across 35 million companies. One global movement the COVID-19 pandemic hasn't shut down this year is the acceleration . Vicki was appointed Executive General Manager, Company Secretariat in March 2020 and is the Company Secretary of Wesfarmers. Prior to this, he was Managing Director of the Wesfarmers Industrials division from August 2015 until August 2017. Aaron was appointed interim Executive General Manager, Business Development in July 2022. 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. 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. Ian was appointed Managing Director, Kmart in February 2016 and assumed the responsibility for leading the Kmart Group division in November 2018. Save. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. Mr. Scott served as Deputy Chief Executive, MD of Bunnings Group and MD of Bunnings Australia & New Zealand. After three unsuccessful trials, for your security, . Mark Eggleton. 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. Up to 5 Wesfarmers employs 318 employees. First published on Tue 1 Oct 2019 00.50 EDT. 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. 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. Naomi joined Wesfarmers as Executive General Manager, Corporate Affairs in August 2018. Prior to this, Sarah was the Demerger Program Director, overseeing the successful implementation of the demerger of the Coles business from Wesfarmers in 2018. Read profile. 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. Other operations include chemicals, fertilisers, industrial and medical gases, LPG production and distribution, and industrial and safety supplies. Read profile. Aaron was appointed interim Executive General Manager, Business Development in July 2022. (business & personal). Blackwoods hardware chain has had a major shift in its executive team, but a Wesfarmers spokesperson says the restructure is not unusual. Read profile. 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. Up until now, I think a lot of the public werent really feeling a serious risk around COVID. Popular Searches Wesfarmers Looking for a particular Wesfarmers employee's phone or email? Terms of Service apply. 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. Wed like to share more about how we work and what drives our day-to-day business. Wesfarmers was sitting on an estimated $1 billion in cash thanks to a $1 billion sustainability bond issue in June. 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. Executive General Manager, Corporate Affairs, Wesfarmers Naomi joined Wesfarmers as Executive General Manager, Corporate Affairs in August 2018. Jenny was appointed as Chief Human Resources Officer in October 2016. Dr. Brian J. R. Stevenson joined Navitas in January 2019 as CEO and President of University Partnerships, North America. Gear advertisements and other marketing efforts towards your interests. Read our editorial policy to learn more about our process. . 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. The Wesfarmers management team includes Rob Scott (Chief Executive Officer), Rob Scott (Chief Executive Officer), and Patrick Vartuli (Chief Technology Officer - Digital Ecosystem) . In closing I pay tribute to the outstanding Wesfarmers management team, led so capably by our Managing Director, Rob Scott. We sell different types of products and services to both investment professionals and individual investors. Sarah was appointed Managing Director, Officeworks in January 2019. BComm, GAICD. This site is protected by reCAPTCHA and the Google 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. Wesfarmers is slated to issue its latest interim results on February 15. 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. While at Lakehead, Dr. Stevenson was also a professor in the Faculty of Business Administration. To explore Wesfarmerss full profile, request access. In late 2011, Jo returned to Australia to work for Navitas which had since acquired SAE. Looking for a particular Wesfarmers employee's phone or email? 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. 2023 PitchBook. 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. President and CEO, University Partnerships North America (UPNA). There needs to be a real sense of urgency around moving forward with the vaccinations.. 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. Help using this website - Accessibility statement, the speed with which the delta variant of COVID-19 has spread. Get Contact Info for All Departments. Rob Scott is deploying a chunk of the $1 billion in cash on the Wesfarmers balance sheet. Sarah was appointed Managing Director, Officeworks in January 2019. Read profile. Read profile. Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. 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. A general manager and an executive assistant also had their roles made redundant and McVitty announced they would both leave the business. Search over 700 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. Wesfarmers says the bid is pitched at a 20 per cent premium to the previous close. 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. 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. I think thats absolutely the right thing to do.. 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. Jo has more than 20 years of management, strategy, leadership and business development experience in tertiary education, including 11 years with Navitas. Verify your identity, personalize the content you receive, or create and administer your account. These products and services are usually sold through license agreements or subscriptions. The API bid makes sense as part of a larger roll-up strategy of companies in the health, wellbeing and beauty sectors. Group CEO, Navitas. IT Department. Bev received her Master of Education from Edith Cowan University. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Vicki was appointed Executive General Manager, Company Secretariat in March 2020 and is the Company Secretary of Wesfarmers. 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.. 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. So it really highlights the importance of everyone getting vaccinated.. It is moving into an area that is highly competitive but is not served by companies with the capital strength of Wesfarmers. These activities account for the vast majority of group earnings before taxes. It will not have escaped the board of API, which is chaired by Kenneth Gunderson-Briggs, that the Wesfarmers offer price of $1.38 a share is where the stock was trading in April. The company has more than 5,000 staff in 200 outlets across Australia. 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. How experienced are the management team and are they aligned to shareholders interests? Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. Paul is responsible for determining the strategic direction of the division, overseeing the quality of delivery and ensuring a focus on efficiency. Dr. Brian J.R. Stevenson joined Navitas in January 2019 as President and CEO of its North America University Partnerships division. 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 Wesfarmers management team includes Rob Scott (Chief Executive Officer), Rob Scott (Chief Executive Officer), and Patrick Vartuli (Chief Technology Officer - Digital Ecosystem). 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. 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 primary objective is to deliver satisfactory returns to shareholders through financial discipline and strong management of a diversified portfolio of businesses. 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. Ian has led the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) division since July 2016. 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. His . has 37 executives - and belongs to Wesfarmers +61 734 525 600; Add an executive. 337927). Maya has been with Wesfarmers since 1993, and was appointed Group General Counsel of Wesfarmers Limited in January 2015. 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. Prior to his role at SAE, Scott was . million verified professionals across 35 million companies. Here's a list of some of the top trending technologies and APIs used by Wesfarmers. Up to 6,000 current and former employees at Wesfarmers' industrial division were underpaid an estimated $15m, Guardian Australia has learned. Naomi Flutter EXECUTIVE GENERAL MANAGER CORPORATE AFFAIRS WESFARMERS Naomi joined Wesfarmers as . Read profile. 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. (business & personal). Please read our Financial Services Guide before deciding whether to obtain financial services from us. . Maintaining independence and editorial freedom is essential to our mission of empowering investor success. ASX-listed Wesfarmers today announced it has entered into an agreement to acquire the Australian online retailer for cash consideration of $230 million. All rights reserved. During Ian's almost 40 years with Wesfarmers, he has held a wide range of executive . How we use your information depends on the product and service that you use and your relationship with us. Read profile. Scott says it was great to hear at the weekend that community pharmacies are going to play a greater role in the vaccination program. 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. But off the back of the delta variant, I think its a really important reminder of the importance of getting vaccinated. Scott tells Chanticleer that Australia needs to have a greater sense of urgency about vaccination of the general population against COVID-19. Get Contact Info for All Departments 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. 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. 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. Nicole was appointed Managing Director, Wesfarmers OneDigital in November 2021, and leads the development of Wesfarmers Group-wide data and digital ecosystem. 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. Enter employee name to find & verify emails, phones, social links, etc. But Chanticleer thinks Scott may have taken the Priceline. Enter employee name to find & verify emails, phones, social links, etc. 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. 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 Wesfarmers in Boydton, VA Expand search. Search over 700 Tim was appointed Managing Director of Wesfarmers Industrial & Safety in April 2020. Sign up for a free account. 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. 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. The . Leadership Team. Wesfarmers' executive team . We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. 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. 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. 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. Read profile. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. That philosophy explains why members of the Wesfarmers executive team are regular customers at Coles, Bunnings, Kmart and Target. 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. Jenny was appointed as Chief Human Resources Officer in October 2016. Bev has been working in international education for thirty years in four countries. 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. 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. Read profile. Wesfarmers chief executive Rob Scott needed the right acquisition to signal the new direction he was taking the conglomerate. 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). Update my browser now. Mr Russo, who has been running Wesfarmers' discount department stores Kmart and Target, was one of the highest paid executives and was . 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. Sign up for a free account. Prior to this, he was Managing Director of the Wesfarmers Industrials division Read profile. 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. Get contact details including emails and phone numbers Get the full list, Morningstar Institutional Equity Research. Win whats next. Lorem ipsum dolor sit amet consectetur adipisicing elit. 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. 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. Bev has been involved in all aspects of international education including curriculum design, student services, faculty and administration. 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). No credit card required. The latest delta variant in Sydney is a new challenge for Australia - were yet to face a challenge like this, he says. 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. 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. 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. Public Fundamental Data provided by Morningstar, Inc. Youre viewing 5 of 15 executive team members. His previous roles include Global Deputy CEO of SAE and Deputy CEO of the Navitas Careers & Industry division. 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. Provide specific products and services to you, such as portfolio management or data aggregation. David Rowe. Prior to this, he was Deputy Managing Director of the Industrials division from February 2017 and Finance Director from August 2015. Wesfarmers is Australia's largest conglomerate. We search for you. Bunnings (WFAFY) News . Read profile. Read profile. Get the full list, Youre viewing 5 of 13 board members. 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. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Before Wesfarmers, Naomi worked for Deutsche Bank for 20 years in public sector mergers and acquisitions, equity capital markets and business management. Million verified professionals across 35 million companies objective is to deliver satisfactory to! 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