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Rob Scott to succeed Richard Goyder as Managing Director

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World Coal,

Wesfarmers has announced Rob Scott will be the next Wesfarmers Managing Director, succeeding Richard Goyder who will step down towards the end of 2017 after more than 12 years in the role.

Mr Scott becomes the Group’s Deputy Chief Executive Officer effective immediately and will join the Board as Managing Director at the conclusion of the 2017 Annual General Meeting in November. He will maintain his current role as head of Wesfarmers’ Industrials division until 1 July 2017.

Wesfarmers Chairman Michael Chaney said Mr Scott, 47, has shown himself to be an outstanding executive, including in key senior soles across the Wesfarmers Group where he had demonstrated his leadership and commercial capability.

Mr Chaney said Mr Scott;s appointment continues Wesfarmers’ unbroken tradition of appointing its chief executives from within the Group. My Scott will become only its eighth Managing Director and Chief Executive Officer in 103 years.

“Rob has a proven capability to deliver improved business performance and to lead change through building great teams around him”, he said. “Importantly, he is deeply grounded in Wesfarmers’ culture and disciplined focus on sustainable shareholder returns.

Mr Scott said it was an honour, privilege and great responsibility to be appointed the next Managing Director of Wesfarmers and he looked forward to building on the achievements of his predecessors.

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