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Michael Chaney

Michael Chaney AO graduated with Bachelor of Science and Master of Business Administration degrees from the University of Western Australia in 1972 and 1980 respectively. He completed the Advanced Management Program at Harvard Business School in 1992 and has also been awarded an Honorary Doctorate of Laws from the University of Western Australia. After obtaining his Science degree, Mr Chaney worked for eight years as a petroleum geologist in Australia and the USA. He joined the Australian Industry Development Corporation in 1980 as a corporate finance executive and became Manager for Western Australia in 1981. He joined Wesfarmers in 1983 as Company Secretary and Administration Manager, became Finance Director in 1984 and was appointed Managing Director in July 1992. He retired from that position in July 2005. Mr Chaney returned to Wesfarmers as chair in 2015. He is also chair Woodside Petroleum and former chair of the National Australia Bank (retired December 2015). He is former Chancellor of The University of Western Australia (retired December 2017), a member of the Commonwealth Science Council and the Australia-Germany Advisory Group and a director of the Centre for Independent Studies. Mr Chaney was appointed an Officer in the Order of Australia in 2004 for services to business and the community.
Bio last updated 17 Aug 2019

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Total Shareholder Return as at 31/07/19

1 year TSR5 year TSR
37thAustal144%31%
216thWesfarmers20%11%
228thAutomotive Holdings Group18%0%
361stSeven Group Holdings-4%24%
632ndSeven West Media-48%-22%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Roles

2015
Non-Executive Chairman
Year started and most recent title

Share Transactions

16/03/18
$0 Other
16/03/18
$60k Issued
16/03/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Wesfarmers$67,152.0m
2nd-Automotive Holdings Group$6,472.6m
3rd-Seven Group Holdings$3,411.5m
5th↓Seven West Media$1,637.0m
6th↓Austal$1,408.5m
198 listed industrial companies ranked by revenue.
Source: Morningstar

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