News Articles for Richard Goyder

The salary package for Wesfarmers' new managing director acknowledges the reality that many large companies pay big annual bonuses every year.

ANALYSIS: The point of no return may have already been reached for bricks-and-mortar retailers struggling to compete with the online experience.

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.

Wesfarmers has decided against spinning-off its Officeworks stores via an initial public offering due to the market's current dim view of retail stocks.

Richard Goyder will add Qantas board membership to his chairmanship of Woodside Petroleum and the AFL Commission after he steps down as Wesfarmers managing director.

SPECIAL REPORT: A small group of ministers and backroom advisers close to Mark McGowan will set the agenda for the new state government.

WA has the largest gender pay gap in the country, and Perth's top business leaders are determined to do something to change that.

Outgoing Wesfarmers boss Richard Goyder has been revealed as successor to Michael Chaney as chairman of energy giant Woodside Petroleum, a week after we was named the next chairman of the AFL.

Mike Fitzpatrick has resigned after a 10-year stint as AFL chairman and will be replaced by fellow commissioner Richard Goyder.

Wesfarmers is considering a spin-out of its profitable Officeworks business, which contributed to strong earnings growth for the Perth-based conglomerate in the first half alongside Bunnings and Kmart.

Cash Converters has appointed Ellen Comerford and Andrea Waters as independent non-executive directors.

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.

ANALYSIS: The popularity of online shopping in the US has reached a tipping point, breaking bricks and mortar retailers' hold on the market.

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.

SPECIAL REPORT: The detailed reporting of remuneration by listed companies means it should be easy to determine the state's best-paid chief executive, but the reality is more complicated.

Wesfarmers-owned supermarket giant Coles' sales growth has eased for a third consecutive quarter amid stiff competition from Woolworths and Aldi.

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.

ANALYSIS: No-one knows how long it might take for Wesfarmers' foreign foray to bear fruit, and at what cost.

Strong profit results from Wesfarmers' Coles and Bunnings stores have been overshadowed by hefty write-downs linked to Target and its coal assets.

Chief executive salaries in WA are continuing to ratchet down, and companies are seeking more flexibility, a study of nearly 30 new appointments this year has found.

Tom O'Leary has resigned as head of Wesfarmers' chemicals, energy and fertilisers division to take the top job at mineral sands miner Iluka Resources, following in the footsteps of his predecessor David Robb.

Wesfarmers isn't seeking to offload its coal mine, despite anticipating what could be a $600 million hit from its embattled resources division.

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.

The clock is ticking for the leaders of some of WA's biggest businesses, beset by low growth and a sluggish outlook.

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.

Wesfarmers' resources division managing director Stewart Butel has decided to step down after 10 years in the role.

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

A local academic has warned that failure to privatise the operation of Fremantle Ports could have a negative effect on the competitiveness of the Western Australia's exporting industries.

Wesfarmers has disclosed that $18.1 million worth of supplier rebates had artificially inflated Target's half-year earnings and up to 10 people were involved in the collusion.

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

Wesfarmers chief executive Richard Goyder has thrown his support behind the state government's plan to lease Fremantle Ports, saying the state needs a world-class operator to ensure exports are competitive internationally.

SPECIAL REPORT: Business News CEO and online entrepreneur, Charlie Gunningham, analyses the social media influence of the political and business elite.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

Small business will be better protected against the misuse of market power by bigger players under new changes to competition law, which has been criticised by the Business Council of Australia and Wesfarmers chief executive Richard Goyder.

Wesfarmers managing director Richard Goyder, finance director Terry Bowen and non-executive director James Graham have sold a combined $12.1 million worth of shares, predominantly for tax purposes.

A unique Western Australian project aimed at challenging the perception that philanthropy is the preserve of a wealthy elite has facilitated its first major donation.

Shares in Wesfarmers have slumped after losses from the group's coal mines partly offset Coles' and Bunnings' strong gains.

Shares in Wesfarmers have slumped after losses from the group's coal mines partly offset Coles' and Bunnings' strong gains.

The contrasting fortunes of the Bunnings and Masters hardware businesses reflect the broader performance of their relative corporate owners.