Wesfarmers announces the retirement of Wesfarmers Resources Managing Director Stewart Butel

Perth, Australia, 2016-May-04 — /EPR Retail News/ — Wesfarmers today announced the forthcoming retirement of Stewart Butel, Managing Director of Wesfarmers Resources since 2006.

Mr Butel will retire at the end of July, supporting a smooth leadership transition in the Resources business, which includes Wesfarmers Curragh and Wesfarmers’ 40 per cent interest in the Bengalla coal mine.

Wesfarmers Managing Director Richard Goyder said Mr Butel had made a huge contribution to the growth of the Resources business and the wider Group since joining Wesfarmers in 2000, following the acquisition of the Curragh mine in Queensland. He was appointed Managing Director of Wesfarmers Premier Coal in 2002 and Director Coal Operations for Wesfarmers Energy in 2005.

“Notwithstanding the more recent challenges in the coal sector, the Curragh acquisition and expansion through Curragh North have been outstanding investments for our shareholders,” Mr Goyder said.

“The strong cash generation from Curragh, under Stewart’s leadership, significantly contributed to our ability to finance the purchase of the Coles Group in 2007. As conditions have become tougher for coal, Stewart and his team have implemented a major cost control and productivity program which has ensured both Curragh and Bengalla remain world-scale, low-cost mines with long mine lives.”

Craig McCabe, currently General Manager of Wesfarmers Curragh, has been appointed to the new role of Chief Operating Officer at Wesfarmers Resources, effective 1 June 2016. He will report to Rob Scott, Managing Director of the Wesfarmers Industrials division.

Mr McCabe has been General Manager of Curragh since 2012 and has more than 15 years’ experience at Curragh in a variety of roles.

He holds a Bachelor of Engineering (Mining), a Bachelor of Science (Geoscience) and a Graduate Certificate in Business Administration.

“Importantly for the sustainability of our coal operations, Stewart and Craig have also driven significant improvements in safety performance and been champions of greater participation by women, including indigenous women, in the resources industry,” Mr Goyder said.

For more information:
Media
Cathy Bolt
Media and External Affairs Manager
+61 8 9327 4423 or +61 417 813 804
cbolt@wesfarmers.com.au

Investors
Deanie Alston/ Wen Khong
Investor Relations
+61 8 9327 4450
irelations@wesfarmers.com.au

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