Kicking goals for Wesfarmers

11 August, 2017

Wesfarmers Managing Director Richard Goyder will open up about his time as head of WA’s biggest listed company at the next Lighthouse Leadership event.

With Wesfarmers 2017 full-year results set to be released this week, (Aug 17) and with Goyder getting set for retirement at the end of the year, it will be the perfect time to hear his thoughts on the way forward for the company. 

Wesfarmers will be hoping the latest results continue its run of improved earnings and cashflows, with it reporting a net profit after tax of $1577 million for the first half of the financial year – an increase of 13 per cent on the previous corresponding period. 

Hear from Goyder as part of CCI’s Lighthouse Leadership series at Perth Arena on September 12.

Goyder will hand over the reins to Wesfarmers Deputy Chief Executive Officer and incoming Managing Director Rob Scott in November after a 15-month transition period.

While Goyder might be retiring from Wesfarmers, he’s not stepping away from leadership – he will succeed Woodside’s chairman Michael Chaney in February.

He’s also Chairman of the Australian Football League. 

Under Goyder’s 12-year leadership, Wesfarmers’ value has increased from $15 billion to around $50 billion and included the acquisition of the Coles Group in 2007.

He joined the company in 1993 and became Managing Director in 2005.

Goyder has become a highly respected and admired leader of the Australian business community.

When announcing his retirement in February, Goyder said his decision had not been an easy one.

“I continue to enjoy the challenges of leading this outstanding and diverse company and appreciate the opportunities it has given me,” he said.

“I look forward to working with Rob on a seamless transition in the months ahead.”

►Don’t miss an opportunity to hear Richard Goyder share his leadership insights — register for CCI’s Lighthouse Leadership Series event now.