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Wesfarmers Limited (WES.AX)

ASX - ASX Delayed price. Currency in AUD
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66.06-0.45 (-0.68%)
At close: 04:10PM AEDT

Wesfarmers Limited

Brookfield Place Tower 2
Level 14 123 St Georges Terrace
Perth, WA 6000
Australia
61 8 9327 4211
https://www.wesfarmers.com.au

Sector(s)Consumer Cyclical
IndustryHome Improvement Retail
Full-time employees120,000

Key executives

NameTitlePayExercisedYear born
Mr. Robert G. ScottMD, CEO & Director2.59MN/A1970
Mr. Anthony Natale GianottiChief Financial Officer1.48MN/A1969
Mr. Ian BaileyManaging Director of Kmart2.05MN/AN/A
Mr. Michael SchneiderMD of Bunnings Group and MD of Bunnings Australia & New Zealand2.29MN/A1971
Simon EdmondsManager of Investor RelationsN/AN/AN/A
Ms. Maya vanden DriesenGroup General CounselN/AN/AN/A
Rebecca KeenanMedia & Public Affairs ManagerN/AN/AN/A
Ms. Jennifer BryantChief Human Resources OfficerN/AN/AN/A
Mr. Ian HansenMD of Wesfarmers Chemicals, Energy & FertilizersN/AN/AN/A
Mr. Tim J. BultManaging Director of Industrial & SafetyN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, lifestyle, and outdoor living products; apparel and general merchandise, including toys, leisure, entertainment, home, and consumables; and office products and solutions, such as stationery, technology, furniture, art supplies, and learning and development resources, as well as print and create, and technical support services through its Officeworks stores. It also provides hardware and software repairs, system security solutions, wireless and wired networking services, virus and spyware prevention and removal, and data backup and recovery solutions. In addition, the company manufactures and supplies ammonia, ammonium nitrate, and industrial chemicals; manufactures, imports, and distributes phosphate, nitrogen, and potassium-based fertilizers; supplies polyvinyl chloride resins; produces wood-plastic composite products; and manufactures and distributes sodium cyanide. Further, it produces and distributes liquefied petroleum gas and liquefied natural gas; supplies and distributes maintenance, repair, operating products, and industrial safety products and services; manufactures and markets industrial, medical, and specialty gases and equipment; supplies tools, safety gear, personal protective equipment, electricals, work wear, and industrial supplies; and provides risk management and compliance services, as well as footwear; safety products, uniforms, engineering supplies, and packaging services; and engages in other businesses. Additionally, the company provides health, beauty, and wellbeing products and services; clinical cosmetic and skin care treatments; retail support services; distributes pharmaceutical goods; and operates online marketplace and data sharing platform. Wesfarmers Limited was founded in 1914 and is headquartered in Perth, Australia.

Corporate governance

Wesfarmers Limited’s ISS governance QualityScore as of 1 March 2024 is 3. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.