Monday, 8 February, 2010 - 10:57
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.
Guy Russo was the managing director of Kmart from August 2008 to February 2016. Prior to that, he was managing director and chief executive of McDonald's Australia between 1999 and 2005, and president of McDonald's Greater China region between 2005 and 2007.
Mr Russo started at McDonalds in 1974, working his way through the ranks while completing management development training at McDonald's in-house university as well as at Macquarie University Graduate School of Management in Sydney. He held all key operations positions within the Australian business including as regional manager of the largest market, NSW/ACT, from 1991. In 1995, he became vice president of McDonald's Australia and in 1997, he was appointed advisory director to the Australian board where he also served on numerous international task forces within the global corporation.
After leaving McDonalds in 2007, Mr Russo ran his own consulting firm advising public and private ventures with commercial interests in China, as well as other markets.
![]() |
NEW ROLE: Non-Executive Chair, SomnoMed | 03 Nov 2020 |
![]() |
NEW ROLE: Non-Executive Director, Carindale Property Trust | 03 Nov 2020 |
![]() |
NEW ROLE: Chief Executive, Department Stores, Wesfarmers | 10 Aug 2020 |
![]() |
NEW ROLE: Non-Executive Director, Scentre Group | 10 Aug 2020 |
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.
Small changes quietly herald a change of focus at Wesfarmers.
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.
Ears are for more than keeping your hat on – good CEOs use them to listen.
Mount Lawley's soon-to-be fifth Mexican eatery, Guzman y Gomez, claims it offers something distinct from the neighbouring competition.
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 inflated Target's earnings.
Wesfarmers has flagged concerns that its discount retailer Target faces higher stock clearances and an ongoing decline in sales growth.
Several recent high-profile cases of questionable corporate behaviour that have come to light here, and around the world, have a common element – whistleblowers.
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.
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.
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.
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.
Australian Potash has appointed experienced mining industry executive and director Jim Walker as non-executive chair. Matthew Shackleton, former executive chair, has been appointed managing director and chief executive.
Keith Gordon has been appointed non-executive director of Ausdrill. Mr Gordon has extensive experience across mining services, mining, retail, manufacturing, chemicals, energy and agriculture sectors.
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.
Access to our data for Guy Russo is only available to paid subscribers with Data & Insights access.
Data & Insights is Western Australia's most accurate and comprehensive business listings and searchable database.
Guy Russo is linked to 6 organisations which are included in 4 lists - Public Companies - non WA, Shopping Centre Owners, Property - (Built-form) Developers and Franchises.
To see the data you will need to Subscribe.