This Month
- Exclusive
- Retail
Aesop CEO exits as skincare group hits $1b in sales
Michael O’Keeffe, the long-serving Australian CEO of the skincare brand now owned by L’Oréal, is leaving after more than 20 years with the group.
- Carrie LaFrenz
Westpac CFO retires, giving Miller chance to reshape leadership
Michael Rowland said he would leave next year, taking to three the number of senior positions to be filled by the bank’s new chief executive.
- James Eyers and Lucas Baird
Jetstar CEO says low-cost carrier is glimpse into Qantas’ future
It’s the low-cost airline everyone loves to hate, but Stephanie Tully says that’s changed and being part of Qantas means a lot of benefit from economies of scale.
- Ayesha de Kretser
Canaccord claims another buyside scalp; lures high-profile fundie
The Melbourne-based portfolio manager is well known to Canaccord having spent the last eight years at Millennium, the $100 billion hedge fund founded in New York by Iggy Englander.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Executive pay
AGM strike threat looms for ANZ over CEO Elliott’s pay
The bank’s board is grappling with an investor revolt over executive remuneration due to a lack of “genuine accountability” following the bond scandal.
- Lucas Baird
- Updated
- ANZ Bank
ANZ investors see new chief executive Nuno Matos as a clean slate
The bank appointed the former HSBC wealth boss to succeed Shayne Elliott over internal candidates. The Portuguese banker, 57, will take up the job next year.
- Updated
- Lucas Baird and James Eyers
- Opinion
- Chanticleer
What forced ANZ board to move on Elliott
Facing the prospect of an embarrassing protest vote at next week’s AGM, ANZ’s board is ringing the changes.
- Anthony Macdonald
‘Like a star football player’: meet ANZ’s next CEO
Born in Portugal with a globetrotting career spanning Peru, Brazil, Mexico and Hong Kong, Nuno Matos’ route to Australia has been an unlikely one.
- Lucas Baird
Ex-Pendal chief Emilio Gonzalez to join Brisbane fundie
Street Talk can reveal Gonzalez will join the board of Brisbane-based Australian equities boutique DNR Capital from February 1.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
ANZ’s left-field CEO pick piles risk upon risk
A new chief executive with no Australian experience will spend years finishing Shayne Elliott’s signature projects. It’s a perilous sandwich for investors.
- James Thomson
- Exclusive
- Big four
ANZ’s Elliott to resign after nine years as chief executive
The career banker arrived at ANZ in 2009 and was appointed to the top job in 2016. His departure is expected to be announced as early as this week.
- Jonathan Shapiro and Kylar Loussikian
- Updated
- Retail
Wesfarmers shuffles the decks to double down on Kmart, Anko Global
The move involves the department store’s CFO, Aleksandra Spaseska, being elevated to the top job. Her predecessor will focus on expanding the Anko brand.
- Updated
- Carrie LaFrenz
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
29 years is enough! Herbert Smith Freehills’ Tony Damian jumps ship
Damian’s expected to join Ashurst on a $7.5 million salary package, in what rivals say is the price law firms are increasingly having to cough up to secure marquee partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
CBA shuffles the deck in business banking; jobs go
Street Talk understands the Big Four bank has made three senior roles in the Client Acquisition Team redundant.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Musical chairs at NAB as head of M&A moves into CFO role
A round of internal shifts at NAB has left a gap at the head of its M&A and venture capital unit.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November
Brookfield taps new chief for 100MW data centre operator
Street Talk can reveal the Canadian investment giant has tapped former STT Global Data Centres India boss Sumit Mukhija as the incoming chief executive.
- Sarah Thompson, Kanika Sood and Emma Rapaport
NAB restructures JBWere, local chief Maria Lykouras to depart
The move comes after the New Zealand business was merged with Jarden, and the team will report directly to the bank’s private wealth executive, Michael Saadie.
- Lucas Baird
Incoming Westpac boss Miller poaches Wild from BHP
Anthony Miller has made his first move at the nation’s second-largest bank, recruiting his head of sustainability Fiona Wild from BHP.
- Lucas Baird
- Opinion
- Chanticleer
Why every director should fear a MinRes on their watch
Who’s happy at Mineral Resources? No one. That’s what happens when you’re jammed between investors and the outside world.
- Anthony Macdonald