Updated
Wesfarmers shuffles the decks to double down on Kmart, Anko Global
Carrie LaFrenzSenior reporter
Updated
Wesfarmers has elevated Kmart chief financial officer Aleksandra Spaseska to run the discount store, appointing the division’s current chief executive Ian Bailey to the chairmanship of its fast-growing Anko Global empire.
While Ms Spaseska becomes the Perth-headquartered conglomerate’s youngest divisional boss at 41, the elevation of Mr Bailey underlines the growing importance of the Anko own-brand business to the broader group.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
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