Olivia Wirth overhauls Myer government staff to | Australian Markets
Myer boss Olivia Wirth has tapped a former government from rival division store David Jones as its new chief financial officer as half of a broader revamp after its merger with Solomon Lew’s fashion manufacturers.
Myer has recruited Kathy Karabatsas as CFO to exchange Matt Jackman, who’s leaving the business after eight years to pursue different alternatives. Ms Karabatsas served as CFO of David Jones from 2021 to 2023.
Myer on Friday advised the market it had additionally appointed Megan Collins — who has labored at gold miner Newcrest Mining and Treasury Wine Estates — as chief people officer.
Mark Medwell, who was at Cotton On Group for more than eight years, has been named as Myer’s new chief data officer.
The sweeping adjustments, which additionally consists of a number of normal supervisor appointments, got here a 12 months after the previous Qantas loyalty boss Ms Wirth was parachuted into the manager chair position at Myer.
“These leadership changes materially enhance our capability to drive the next phase of growth for the expanded Myer group,” Ms Wirth stated.
“The reshaped team is aligned to our strategic vision to create a leading Australian retail platform, building on the strength of our brands with the fresh thinking and expertise of experienced . . . leaders.”
Her strategy includes growing Myer from having 56 shops to 783 outlets in Australia and New Zealand as half of its merger with the Simply Denims, Jay Jays, Jacqui E, Portmans and Dotti manufacturers it acquired from Mr Lew’s Premier Investments.
Ms Wirth has additionally flagged her intention to develop the Myer One loyalty program — which already has 4.4 million lively members — to tons of of shops and a new pool of customers by way of the Attire Manufacturers.
The company on Friday additionally introduced it might transition Myer-owned manufacturers Sass & Bide, David Lawrence and Marcs to its Myer Unique Manufacturers portfolio.
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