Former Business News 40under40 winner Sally Capp has been elected as Melbourne's lord mayor, joining a growing list of past winners who have gone on to bigger things since claiming the award.
Former Bunnings managing director John Gillam has been named as the incoming chairman of building products company CSR while Macmahon Holdings has bolstered its board by recruiting former Alcoa executive Kim Horne.
A lengthy leadership transition provided Richard Goyder with the ideal preparation for his role as Wesfarmers' boss in 2005, the outgoing managing director told today's Business News Success & Leadership breakfast.
Finance director Terry Bowen will become the third top Wesfarmers executive to retire from the Perth-based conglomerate in the space of 12 months, with the group announcing three senior appointments along with details of incoming managing director Rob Scott's remuneration package.
Incoming Wesfarmers managing director Rob Scott, who will formally take his new job late this year, says the business will continue to thrive on the back of its diversity across markets.
Wesfarmers managing director Richard Goyder will step down this year after more than 12 years in charge of the company to be replaced by his deputy, Rob Scott.
Bunnings' long-serving chief executive John Gillam has announced he is stepping down from the role, but will continue to serve the business as an adviser.
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.
Wesfarmers has announced plans to spend over $1 billion in the UK market after sealing a deal to buy the Homebase home improvement chain for $705 million and rebrand it as Bunnings.
SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state's best chief executives are unexpectedly low down.
Hardware giant Bunnings has announced it will invest $135 million dollars in network expansion in Western Australia, at the opening of its new store in Armadale today.
Bunnings, has announced plans to increase its investment in New South Wales by more than $600 million in 18 metro and regional sites over the next three years.