News Articles

Retail 08 Apr 2021

Scentre investors hit out against exec pay

Investors in Westfield-owners Scentre Group have served a 'first strike' on executives' pay, after the company leaders produced a full-year loss and reduced final dividend.

Appointments 01 Nov 2018

Board Moves November 1, 2018

Keith Gordon has been appointed non-executive director of Ausdrill.

Appointments 15 Aug 2018

Board Moves August 15, 2018

Australian Potash has appointed experienced mining industry executive and director Jim Walker as non-executive chair.

Retail 27 Apr 2017

Coles sales growth shrinks further

Shares in Wesfarmers have fallen after the company unveiled a mostly weak third quarter for its retail businesses, including softer growth from its supermarket giant, Coles.

News 21 Sep 2016

Pay packet down for Wesfarmers CEO

Wesfarmers chief executive Richard Goyder has taken a substantial pay cut with a halving in his short-term incentive payments after a year in which his Coles-owning conglomerate took a hefty hit to profits.

Opinion 10 Jun 2016

10 minutes on leadership with … Richard Goyder

Leadership WA chief executive officer Robin McClellan spent 10 minutes discussing leadership with Wesfarmers managing director Richard Goyder, who said leaders should surround themselves with good people and set and live the standards of the organisation.

Retail 25 May 2016

Wesfarmers warns of $2bn profit hit

Wesfarmers' full-year profit will be hit by write-downs and restructuring costs of about $2 billion related to its Target department stores and Queensland coal mine.

Opinion 22 Apr 2016

No longer whistling in the wind

Several recent high-profile cases of questionable corporate behaviour that have come to light here, and around the world, have a common element – whistleblowers.

Retail 21 Apr 2016

Target faces more clearances

Wesfarmers has flagged concerns that its discount retailer Target faces higher stock clearances and an ongoing decline in sales growth.

Regulation 08 Apr 2016

Target MD resigns

Wesfarmers has announced the resignation of Target managing director Stuart Machin, just days after it confirmed an investigation into accusations that supplier rebates may have artificially inflat

Food & Drink 07 May 2014

Guzman unfazed by Mexican fiesta

Mount Lawley's soon-to-be fifth Mexican eatery, Guzman y Gomez, claims it offers something distinct from the neighbouring competition.

Opinion 24 Mar 2014

Russo’s take-away tips for success

Ears are for more than keeping your hat on – good CEOs use them to listen.

Government 25 Jul 2013

Uneven fallout as mining slowdown flows through

A slowdown in the mining sector could have positive flow-on effects for employers in other industries, Business News' annual survey of the state's 100 largest employers has found.

11 Feb 2010

Goyder keeping a close eye on assets

Small changes quietly herald a change of focus at Wesfarmers.

Appointments 08 Feb 2010

Exec, board changes at Wesfarmers

The appointment of leading commercial lawyer Paul Meadows to Wesfarmers executive team has had a ripple affect across the top of the conglomerate, at both board and management level.

News Articles for Guy Russo

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