May
Inside the great Rich List wealth transfer
Control of vast business empires is passing to a new generation, forcing families to confront the hard questions around succession planning. Of the 200 richest Australians, 45 are over 80 and control $136.1 billion.
- Yolanda Redrup
Jamie Dimon signals his retirement timeline
The chief executive officer of JPMorgan Chase & Co said succession plans at the largest US bank were “well on the way”.
- Updated
- Hannah Levitt
March
Amcor CEO exits after nine years citing ‘health reasons’
A gruelling 24-7 role overseeing 210 packaging plants in 43 countries has taken its toll on Ron Delia, who has run the business since 2015.
- Simon Evans
February
- Opinion
- Chanticleer
New NAB boss must adopt Ross McEwan’s ‘superpower’
Andrew Irvine’s impressive performance growing NAB’s business bank won him the top job. Now he needs to borrow from the playbook of retiring CEO, Ross McEwan.
- Updated
- James Thomson
Vineyards on the market as succession plans wither
More listings are hitting the market as adult children leave the sector and business conditions get tougher.
- Campbell Kwan
December 2023
BHP executive shake-up prepares for Henry’s second half
BHP chief Mike Henry has reshuffled his executive ranks as he prepares for his fifth year in the top job.
- Peter Ker
November 2023
NSW racing plan threatens to split Coalition party room
A growing number in the crossbench and the Coalition are hardening on the bill to extend the Racing NSW chairman Russell Balding’s term
- Samantha Hutchinson
How to make sure your kids don’t ruin the family business
Alessandro and Soibhone Nascimento bought their first franchise five years ago. Now their daughters are gearing up for the next phase.
- Louis White
October 2023
You’re rich, but are you family office rich?
Financial advisers are anticipating the transfer of an estimated $3.5 trillion between generations by 2030 to spur more interest in family offices.
- Primrose Riordan
September 2023
How the world’s second-richest person is avoiding a ‘Succession’ fight
Bernard Arnault raised his five children to run his businesses. Now, he’s educating his grandchildren to do the same.
- Liz Alderman and Vanessa Friedman
- Updated
- Media & marketing
Rupert Murdoch steps down from News Corp and Fox, Lachlan ascends
The 92-year-old global media baron insisted he was in “robust health” as he stepped down after a 70-year career, ending years of speculation over his succession.
- Updated
- Mark Di Stefano
July 2023
- Exclusive
- Rich Listers
Andrew and Nicola Forrest to pursue separate lives
Australia’s richest couple has separated but insist that they are aligned on the future direction of Fortescue as well as their charity, Minderoo Foundation.
- Peter Ker and Brad Thompson
May 2023
- Updated
- Airports
Sydney Airport boss Geoff Culbert resigns
Sydney Airport chief executive Geoff Culbert has resigned from his job running Australia’s biggest airport and will leave by the end of the year.
- Updated
- Jenny Wiggins
This property magnate is making her Rich List debut at age 79
In the 1980s, Margaret Rose took a gamble that laid the foundations for her family’s property empire. She explains how she did it – and why everyone needs a calculated risk account.
- Lisa Murray
New Qantas CEO Vanessa Hudson: ‘I plan to be myself’
The problem, for many people outside the financial markets, is that it is not yet clear exactly who Hudson is.
- Jemima Whyte and Lucas Baird
February 2023
Wanted: CEOs who can cut costs but keep people
Executives with strong risk management and cost-cutting skills as well as excellent communication are being sought after as the Australian economy slows down, making businesses and staff trickier to manage.
- Jenny Wiggins
‘Now is a good time’: Transurban CEO Scott Charlton to retire
The infrastructure company has hired Russell Reynolds to do a global search for a successor for when the outgoing boss’s 11-year tenure ends in December.
- Updated
- Jenny Wiggins
December 2022
Peter Tompkins to replace Grant Fenn at helm of Downer EDI
The services group’s next boss wants to take advantage of the “re-industrialisation of Australia” and bid for more renewable energy and water security projects.
- Updated
- Jenny Wiggins
July 2022
Iress snags ex-PEXA boss Marcus Price as new CEO, expects profit bump
Financial services software company Iress expects first-half segment profit to bump higher, and has appointed ex-PEXA boss Marcus Price as new CEO.
- Jessica Sier
February 2022
- Opinion
- Chanticleer
Scentre’s seamless CEO succession owes a debt to Frank Lowy
Scentre Group chairman Brian Schwartz spent two years finding the right successor to CEO Peter Allen, who is being replaced by internal candidate Elliott Rusanow.
- Updated
- Tony Boyd