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Wesfarmers Limited (WES.AX)

ASX - ASX Delayed price. Currency in AUD
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59.14+0.27 (+0.46%)
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):Β Consumer Cyclical
Industry:Β Home Improvement Retail
Full-time employees:Β 114,000

Key executives

NameTitlePayExercisedYear born
Mr. Robert G. ScottMD, CEO & Director2.61MN/A1970
Mr. Anthony Natale GianottiChief Financial Officer1.44MN/A1969
Mr. Ian BaileyHead of the Australian Conglomerate's Department Stores Division & Managing Director of Kmart1.84MN/AN/A
Mr. Michael SchneiderMD of Bunnings Group and MD of Bunnings Australia & New Zealand2.04MN/A1971
Simon EdmondsMang. of Investor RelationsN/AN/AN/A
Ms. Maya vanden DriesenGroup Gen. CounselN/AN/AN/A
Rebecca KeenanMedia & Public Affairs Mang.N/AN/AN/A
Ms. Jennifer BryantChief HR 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 2021, 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 primarily engages in the retail business in Australia, New Zealand, the United Kingdom, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, and outdoor living products through its Bunnings stores; apparel, homewares, and general merchandise, including toys, leisure, entertainment, home, consumables, electrical products, and accessories; and office products and solutions, such as office supplies, technology, furniture, art supplies, education resources, and helpful services, including print and copy and on-site tech support through its 168 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 through Geeks2U. In addition, the company manufactures and supplies ammonia, ammonium nitrate, and industrial chemicals; manufactures, imports, and distributes phosphate, nitrogen, and potassium-based fertilizers in blended, compound, and liquid form; supplies polyvinyl chloride resins used in various products comprising piping, cable insulation, floor coverings, building profiles, packaging, and compounds; produces wood-plastic composite products; and manufactures and distributes sodium cyanide for gold extraction in mining industry. Further, it extracts, markets, and distributes liquefied petroleum gas and liquefied natural gas; supplies and distributes maintenance, repair, operating products, and industrial safety products and services; manufacturers and markets industrial gases and equipment; distributes tools, safety gear, work wear, and industrial supplies; and provides risk management and compliance services, as well as offers property management services and other businesses. Additionally, the company sells its products online. Wesfarmers Limited was founded in 1914 and is headquartered in Perth, Australia.

Corporate governance

Wesfarmers Limited’s ISS governance QualityScore as of 26 September 2021 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 1; Compensation: 2.

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.