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Bruce Mathieson

This Month

Endeavour, the owner of Dan Murphy’s chain, is on the hunt of a new CEO.

Endeavour mulls an executive chairman as CEO search drags on

The largest shareholder of the Dan Murphy’s operator, Bruce Mathieson, said Ari Mervis could be a “short-term solution” to a permanent chief executive.

  • Carrie LaFrenz

September

Star Entertainment boss Steve McCann had very little good news for investors in his one-hour presentation on Thursday, his first as CEO.

Star needs new friends to stop the bleeding

Where will Star Entertainment’s shares trade? Surely, it’s going to be ugly on Friday morning.

  • Anthony Macdonald

August

The Royal on Ninety-Nine hotel in Roma was acquired from The Waratah Hotel Group.

The $500m pub owner you’ve never heard of

David Tomsic, the son-in-law of billionaire pub owner Bruce Mathieson, started out as bricklayer but now owns an empire spanning over 40 venues.

  • Larry Schlesinger
Steve Donohue.

Why Dan Murphy’s boss was almost sacked on his first day

As he celebrates three decades working at Dan Murphy’s, the Endeavour Group chief executive is ready for more direct feedback from his critics.

  • Updated
  • James Thomson

July

The Captain Cook Hotel has changed hands again for $6.6m.

Historic pub to close after Rich Lister sells building, keeps pokies

Pub and pokies baron Bruce Mathieson exchanged contracts to buy the Captain Cook Hotel for $13.5m in late 2022. His BLM Group sold it this month for $6.6m.

  • Larry Schlesinger
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June

Billionaire Bruce Mathieson has passed probity in NSW and can own more than 10 per cent of Star.

Casino regulators clear way for Bruce Mathieson to buy up more of Star

The decision by NSW and Queensland authorities means the billionaire can increase his stake in the gaming operator from the 9.7 per cent he currently holds.

  • Updated
  • Zoe Samios

May

Endeavour Group chief executive Steve Donohue says spritzers are coming back into fashion.

Dan Murphy’s parent Endeavour posts 2.2pc sales growth

The pubs and bottle shops owner warned that market conditions have remained subdued so far in April.

  • Carrie LaFrenz

January

Endeavour chairman Peter Hearl at the company’s AGM in Sydney on October 31.

Dan Murphy’s owner Endeavour finds a fragile peace

Australia’s corporate stoush of 2023 has ended with a Goldilocks solution, but the test of the truce will be the company’s operating performance.

  • Updated
  • Anthony Macdonald
Ari Mervis will take over as chairman of Endeavour Group in April.

Endeavour loses chairman in reshuffle aimed at placating investors

The changes follow months of animosity between the alcohol retailing and hotels group and its largest shareholder, billionaire publican Bruce Mathieson.

  • Updated
  • Carrie LaFrenz and Simon Evans

December 2023

Endeavour Group chief executive Steve Donohue at the Forest Hotel at the company’s investor day.

Endeavour looks to boost pubs earnings by $150m or more

Despite a barrage of investor questions about breaking up the company, CEO Steve Donohue says hotel and retail portfolios are deeply interconnected.

  • Carrie LaFrenz
Endeavour Group holds an investor day on its hotels business on December 6.

Mathieson Group says Endeavour chairman’s days are numbered

With tensions unresolved, the Mathieson camp says it is prepared to call an extraordinary general meeting if Peter Hearl does not step down.

  • Carrie LaFrenz

November 2023

Endeavour shareholder and former Woolworths chief Roger Corbett called on chairman Peter Hearl to resign.

Endeavour spat: Major shareholders move against chairman Peter Hearl

Street Talk understands Aussie equities power duo AustralianSuper’s Shaun Manuell and Perpetual’s Vince Pezzullo are teaming up again.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

October 2023

Endeavour chairman Peter Hearl at the AGM in Sydney.

Endeavour chairman seeks ‘resolution’ with pubs billionaire

Peter Hearl clashed with a representative of major shareholder Bruce Mathieson accusing the pubs billionaire of destabilising the company.

  • Updated
  • Carrie LaFrenz and Simon Evans
Endeavour Group owns the Dan Murphy’s liquor chain, BWS and 354 hotels.

Endeavour sales miss market expectations as focus switches to returns

The company’s largest investor, billionaire publican Bruce Mathieson, says revenue is in “absolute free fall”. The retailer holds its annual meeting on Tuesday.

  • Simon Evans and Carrie LaFrenz
Bruce Mathieson, Endeavour’s largest shareholder, is not happy with the strategy the company is pursuing at its Dan Murphy’s chain.

Endeavour to suffer first strike but Bill Wavish tilt fails

The Dan Murphy’s owner is set to be hit with a protest vote over its performance, but Bruce Mathieson’s pick for the board has fallen well short.

  • Simon Evans and Carrie LaFrenz
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Woolworths new chairman Scott Perkins told Roger Corbett he expects better performance from Endeavour Group, where the retailer controls a 9.1 per cent stake.

Corbett makes surprise Woolworths AGM appearance, critiques chairman

The company’s former chief executive questioned why the board had ‘chosen to support the status quo’ at Endeavour, where it is the second-largest investor.

  • Carrie LaFrenz
Endeavour Group chairman Peter Hearl.

Endeavour Group peace only comes with a scalp – the chairman’s

The hotels and pub group’s board will have the numbers at its AGM next week. But chairman Peter Hearl has two choices: claim a fleeting victory or read the room.

  • Anthony Macdonald
Dan Murphy’s is in the eye of the storm as the Endeavour board stoush escalates.

Mathieson piles heat on Endeavour chairman to step down

‘I am not going to sit by and watch this great company fail due to poor leadership,’ says billionaire pubs owner.

  • Updated
  • Carrie LaFrenz and Simon Evans
Roger Corbett ran Woolworths as it grew its liquor retailing business.

Roger Corbett says Endeavour chairman must go

The former Woolworths CEO says Peter Hearl should quit the board, even if Bill Wavish, is unsuccessful.

  • Carrie LaFrenz and Simon Evans
Pubs billionaire Bruce Mathieson owns 15 per cent of Endeavour Group.

Bruce Mathieson pitches peace offering at Endeavour as proxies bite

The decision comes after proxy firm Ownership Matters told clients to vote against the election of Mathieson-backed candidate Bill Wavish.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Original URL: https://www.afr.com/person/bruce-lawrence-mathieson-2bz