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    Succession planning

    March

    Amcor CEO exits after nine years citing ‘health reasons’

    A gruelling 24-7 role overseeing 210 packaging plants in 43 countries has taken its toll on Ron Delia, who has run the business since 2015.

    • Simon Evans

    February

    Andrew Irvine will don the cape as National Australia Bank’s new chief executive from April 2.

    New NAB boss must adopt Ross McEwan’s ‘superpower’

    Andrew Irvine’s impressive performance growing NAB’s business bank won him the top job. Now he needs to borrow from the playbook of retiring CEO, Ross McEwan. 

    • Updated
    • James Thomson
    AFR AFR James Judd  story on successsion he owns a vineyard in Main Ridge (Mornington Penisula) Victoria Wednesday 17th January 2024 Melbourne Photo by Eamon Gallagher

    Vineyards on the market as succession plans wither

    More listings are hitting the market as adult children leave the sector and business conditions get tougher.

    • Campbell Kwan

    December 2023

    Vandita Pant will become the face of BHP’s financials next year.

    BHP executive shake-up prepares for Henry’s second half

    BHP chief Mike Henry has reshuffled his executive ranks as he prepares for his fifth year in the top job.

    • Peter Ker

    November 2023

    John Messara (left) is among horseracing identies to oppose a government plan to extend the tenure of a top racing administrator

    NSW racing plan threatens to split Coalition party room

    A growing number in the crossbench and the Coalition are hardening on the bill to extend the Racing NSW chairman Russell Balding’s term

    • Samantha Hutchinson
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    How to make sure your kids don’t ruin the family business

    Alessandro and Soibhone Nascimento bought their first franchise five years ago. Now their daughters are gearing up for the next phase.

    • Louis White

    October 2023

    The 350 largest family offices in Australia are estimated to manage between $515 billion and $695 billion of wealth outside their operating businesses.

    You’re rich, but are you family office rich?

    Financial advisers are anticipating the transfer of an estimated $3.5 trillion between generations by 2030 to spur more interest in family offices.

    • Primrose Riordan

    September 2023

    Bernard Arnault: “This is not money in my pocket.”

    How the world’s second-richest person is avoiding a ‘Succession’ fight

    Bernard Arnault raised his five children to run his businesses. Now, he’s educating his grandchildren to do the same.

    • Liz Alderman and Vanessa Friedman
    Rupert Murdoch and son Lachlan.

    Rupert Murdoch steps down from News Corp and Fox, Lachlan ascends

    The 92-year-old global media baron insisted he was in “robust health” as he stepped down after a 70-year career, ending years of speculation over his succession.

    • Updated
    • Mark Di Stefano

    July 2023

    Andrew and Nicola Forrest to pursue separate lives

    Australia’s richest couple has separated but insist that they are aligned on the future direction of Fortescue as well as their charity, Minderoo Foundation.

    • Peter Ker and Brad Thompson

    May 2023

    Sydney Airport CEO Geoff Culbert will leave at the end of the year.

    Sydney Airport boss Geoff Culbert resigns

    Sydney Airport chief executive Geoff Culbert has resigned from his job running Australia’s biggest airport and will leave by the end of the year.

    • Updated
    • Jenny Wiggins
    Margaret Rose at her home in Elizabeth Bay.

    This property magnate is making her Rich List debut at age 79

    In the 1980s, Margaret Rose took a gamble that laid the foundations for her family’s property empire. She explains how she did it – and why everyone needs a calculated risk account.

    • Lisa Murray
    Vanessa Hudson will take over from Alan Joyce as Qantas chief executive in November.

    New Qantas CEO Vanessa Hudson: ‘I plan to be myself’

    The problem, for many people outside the financial markets, is that it is not yet clear exactly who Hudson is.

    • Jemima Whyte and Lucas Baird

    February 2023

    Transurban CEO Scott Charlton will leave at the end of December after running the toll road group for 11 years.

    Wanted: CEOs who can cut costs but keep people

    Executives with strong risk management and cost-cutting skills as well as excellent communication are being sought after as the Australian economy slows down, making businesses and staff trickier to manage.

    • Jenny Wiggins
    Transurban CEO Scott Charlton will leave at the end of December after running the toll road group for 11 years.

    ‘Now is a good time’: Transurban CEO Scott Charlton to retire

    The infrastructure company has hired Russell Reynolds to do a global search for a successor for when the outgoing boss’s 11-year tenure ends in December.

    • Updated
    • Jenny Wiggins
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    December 2022

    Downer chief operating officer Peter Tompkins will succeed Grant Fenn as CEO in February.

    Peter Tompkins to replace Grant Fenn at helm of Downer EDI

    The services group’s next boss wants to take advantage of the “re-industrialisation of Australia” and bid for more renewable energy and water security projects.

    • Updated
    • Jenny Wiggins

    July 2022

    Marcus Price will start as Iress CEO in October.

    Iress snags ex-PEXA boss Marcus Price as new CEO, expects profit bump

    Financial services software company Iress expects first-half segment profit to bump higher, and has appointed ex-PEXA boss Marcus Price as new CEO.

    • Jessica Sier

    February 2022

    Family ties: Elliott Rusanow, a nephew of Westfield founder Frank Lowy, is the new chief executive of Scentre Group.

    Scentre’s seamless CEO succession owes a debt to Frank Lowy

    Scentre Group chairman Brian Schwartz spent two years finding the right successor to CEO Peter Allen, who is being replaced by internal candidate Elliott Rusanow. 

    • Updated
    • Tony Boyd

    January 2022

    Boy from OZ Minerals cools succession talk

    OZ Minerals boss Andrew Cole recently added some heavy-hitters to his executive ranks, but says the company is not yet where he wants it to be.

    • Peter Ker

    ANZ readying for change at the top in 2022

    ANZ chairman Paul O’Sullivan may decide later this year who will receive the leadership baton from Shayne Elliott, who has set the bank up for success.

    • Ayesha de Kretser