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Executive shake-up

Yesterday

Outgoing Country Road CEO Raju Vuppalapati.

Country Road Group chief executive exits after four years

Raju Vuppalapati had been with the​ fashion retailer since 2021 and​ overseen the repositioning of brands​ from Trenery to​ Witchery, Mimco and Politix​.

This Month

John Gualtieri, current CEO of Kmart and Target, will take over as the new MD of Officeworks in August.

Wesfarmers switches Kmart boss John Gualtieri into Officeworks role

After more than six years in the top job at Officeworks, Sarah Hunter will be succeeded by Gualtieri, who has worked at Wesfarmers since 2008.

Michael Stutchbury will be the Centre for Independent Studies’ next executive director.

Michael Stutchbury appointed to lead Centre for Independent Studies

The Financial Review’s former editor-in-chief said he was excited to join a think tank that had made major contributions to policy from housing to education.

May

ANZ CEO Nuno Matos visiting a branch in Bourke Street, Melbourne, earlier this month.

ANZ CEO Nuno Matos on his plans for a cultural overhaul at the bank

Staff who don’t understand the fundamental importance of risk controls should find another industry to work in, he says.

Global X senior portfolio manager William Taylor is set to join ETF Shares.

ETF Shares shops at rival for chief operating officer

The new venture has nabbed Global X senior portfolio manager William Taylor as its chief operating officer.

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Greg Braddy, former deputy NAB CFO.

Former deputy NAB CFO trades banking for law

Six months after signing off from the Big Four bank, Greg Braddy has been snapped up by law firm Clayton Utz as its incoming CFO.

ANZ chief executive Nuno Matos has made his first executive hire weeks after starting in the job.

New ANZ chief makes first executive hire amid bank poaching frenzy

Nuno Matos has hired a new group executive from Santander’s senior management ranks amid “one of the busiest times for bank CEO and CFO transitions”.

Everyone is friends with each other at Andrew Forrest’s Fortescue.

Twiggy Forrest dumb to the idea of Fortescue Revolution

Staff selfies and heart-to-hearts don’t hide the iron ore mining giant’s revolving door of executives.

Rio board pushed CEO Jakob Stausholm to quit mining giant

Investors said the iron ore major should not look for a “big personality” as the company considered who would replace the businessman later this year.

Westpac will continue to cut jobs as its new CEO streamlines operations.

Westpac has already cut jobs in these key divisions

A former Westpac staff member reveals where redundancies have already been made, while the union says it is “greatly concerned” about extra cuts.

CEOs and executives come go – why do boards feel the need to always pat them on the back in their disclosures to shareholders?

Dear companies, spare us the guff and give it to us straight

ASX statements are treated like Uber reviews – an executive gets five stars so long as they didn’t completely crash the company. How’s that good for investors?

Malcolm Bundey will become the new chair of Mineral Resources on July 1. Supplied by MinRes.

MinRes’ new chair to pocket $8.34m if he turns miner around

Mineral Resources board has lured Malcolm Bundey, a packaging sector veteran, to become its chair with a bumper package of share options.

You need a commitment bordering on obsession to set up a successful business, says David Dicker.

Dicker steps down after four decades at the helm of his eponymous firm

The technology veteran will step down as the chief executive and chairman of the ASX-listed IT distributor.

Lion Group chief executive Sam  Fischer is headeding off to run Penfolds owner Treasury Wine Estates.

Penfolds owner Treasury Wines poaches new CEO from Lion

Sam Fischer, who will collect a $4 million sign-on fee, faces a challenge to reverse the fortunes of the struggling winemaker.

Andrew Abercrombie, Humm’s founder and major shareholder, is in full control.

Andrew Abercrombie spills another Humm CEO

The man responsible for 2020’s infamous COVID-19 superspreader event at an Aspen ski party is as influential as ever.

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ANZ CEO Nuno Matos at the bank’s Melbourne Docklands office on Sunday afternoon.

New ANZ boss Matos is in a hurry. That’s good news for customers

Nuno Matos wants to speed up the rollout of the bank’s Plus platform, and says there will be “no shortcuts” on values and behaviour on his watch.

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South32 poaches Anglo American executive to replace Kerr as CEO

The diversified miner has tapped copper expert Matthew Daley to replace inaugural boss Graham Kerr after more than a decade at the helm.

Nuno Matos starts work at ANZ’s Dockland headquarters on Monday.

ANZ’s Matos era to begin with a letter from Elliott

When the bank’s new boss opens the top drawer of his desk on Monday morning, he’ll find a letter from his predecessor, before starting meetings and visits.

Anchorage Capital Partners’ portfolio includes 185-year-old department store chain David Jones.

Anchorage Capital Partners COO resigns, jumps to family office

The executive, who also leads the firm’s engagement with investors, has found a job at one of Anchorage’s investors, Cambooya.

Westpac made its pitch to investors in a week when three of the four banks’ numbers will be on full display.

Westpac rebuilt itself with investors’ cash. It must now use it better

Westpac can thank shareholders for helping create a bigger and stronger bank, not rub their noses in it. Its haven pitch works in this market, but may not always.

Original URL: https://www.afr.com/topic/executive-shake-up-1nc8