David Baxby

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.

An emerging battle for the future of WA’s energy industry and efforts to revive Perth’s street precincts have been among the defining themes of 2019.

Wesfarmers has undergone a restructure of its industrial division, with David Baxby to step down as managing director.