Opinion

Why Olivia Wirth’s top Myer role is a governance fail

Myer’s decision to appoint Olivia Wirth as executive chair and CEO has stunned corporate governance experts but has the full support of Solomon Lew.

Sue MitchellColumnist

May 23, 2024 – 3.00pm

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What does Olivia Wirth have in common with Andrew Forrest, Gerry Harvey, Lim Kim Hai and Rhett Simonds?

Very little, apart from the fact she’s joined them in an elite club: the ASX’s executive chairman’s club after she was appointed executive chairwoman and chief executive of Myer.

correction —

A previous version of this story said Ms Wirth chairs the nomination committee; it was updated to reflect she is now a member of the committee, and Mr Weiss is the chairman.

Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years.