Wesfarmers announces organisational restructure and senior management changes that will streamline the Group’s management and better position it for future growth

PERTH, Australia, 2015-8-12— /EPR Retail News/ — Wesfarmers has announced an organisational restructure and senior management changes that will streamline the Group’s management and better position it for future growth.

Wesfarmers’ three industrial businesses – Chemicals, Energy and Fertilisers (WesCEF), Resources, and Industrial and Safety (WIS) – will be clustered under a new Industrials Division of which Rob Scott will be Managing Director.

Former Insurance Division Managing Director Anthony Gianotti has been appointed Finance Director of the new Industrials Division.

Olivier Chretien, who has been WIS Managing Director since 2008, will now lead the Group’s Business Development and Corporate Planning functions. Tim Bult moves from Business Development to a new role where he will oversee Wesfarmers’ associated businesses and further develop the Group’s offshore business development networks.

Resources Managing Director Stewart Butel and WesCEF Managing Director Tom O’Leary will report to Mr Scott, who will also have day-to-day responsibility for WIS.

Mr Chretien and Mr Bult will report to Wesfarmers Finance Director Terry Bowen.

As part of these changes, Rob Scott’s responsibilities for Financial Services will transition to Coles Digital Director Roger Sniezek. Wesfarmers’ other retail divisions – Home Improvement and Office Supplies, Kmart and Target – are not affected by the changes.

Wesfarmers Managing Director Richard Goyder said the changes would streamline the Group’s reporting and decision-making structure.

“This is the next step in the evolution of the Wesfarmers businesses,” Mr Goyder said. “It will enhance sharing of knowledge and ideas between naturally clustered business units, reinforce our performance and development culture and better position the Group for growth.”

For more information:

Investors
Mark Scatena
General Manager, Investor Relations & Planning
(+61) 8 9327 4416 or (+61) 439 979 398
mscatena@wesfarmers.com.au
Media
Alan Carpenter
Executive General Manager, Corporate Affairs
(+61) 8 9327 4267 or (+61) 438 903 674
acarpenter@wesfarmers.com.au

Wesfarmers Industrial and Safety completes acquisition of the Workwear Group of Pacific Brands Limited

PERTH, Australia, 2014-12-1 — /EPR Retail News/ — The acquisition of the Workwear Group of Pacific Brands Limited (ASX:PBG) by Wesfarmers Industrial and Safety (WIS) has been completed.

The acquired business has a suite of iconic industrial workwear brands, including Hard Yakka, KingGee and Stubbies, and supplies uniforms and imagewear to leading airlines, financial service providers and other large corporates through NNT and Incorporatewear (UK), as well as supplying defence and emergency services customers in Australia and New Zealand.

Wesfarmers Managing Director Richard Goyder welcomed the completion of the acquisition, along with the 1000 new employees in five countries who join the Wesfarmers Group today.

WIS Managing Director Olivier Chretien said a transition period would now commence, including strengthening the Workwear business and establishing a platform for future growth.

“Wesfarmers Industrial and Safety looks forward to bringing together its customer relationships, distribution channels and industrial workwear offer with these new leading brands to deliver growth, an expanded offer to customers and development opportunities in new markets,” Mr Chretien said.

Wesfarmers announced on 26 August 2014 that Wesfarmers Industrial and Safety had entered into an agreement to acquire the Workwear Group for $180 million. The Australian Competition and Consumer Commission advised on 20 November 2014 that it would not oppose the acquisition.

For further information:

Media
Cathy Bolt
Media & External Affairs Manager
+61 8 9327 4423 or +61 417 813 804

Investors
Mark Scatena
General Manager, Investor Relations & Planning
+61 8 9327 4416 or +61 439 979 398