wesfarmers board of directors

In line with the fourth edition of the ASX Corporate Governance Principles, Wesfarmers has developed a new policy, the Wesfarmers Inclusion Policy, to replace the current Gender Diversity Policy. back We have aligned these with our 10 He holds a Diploma of Engineering (Electrical) from the Gordon Institute of Technology and a Master of Business Administration from Deakin University.

Wesfarmers seeks to be an employer of choice as attracting outstanding people with the right values and utilising their individual talents is the most critical element in striving for sustainable success.

The Board has established a Nomination Committee, a Remuneration Committee and an Audit and Risk Committee as standing committees to assist with the discharge of its responsibilities.

He holds a Bachelor of Science from the University of Queensland, is a graduate of the AICD, is a Fellow of the Institute of Actuaries (London) and a Fellow of the Institute of Actuaries of Australia. Crisis management systems and business continuity processes for all key businesses in the Group.

The Group Code of Conduct which is aimed at ensuring that anyone who is employed by or works for Wesfarmers acts in a manner consistent with the principles of honesty, integrity, fairness and respect, including ethical behaviour. Reviewing and making a recommendation to the Board in relation to the fixed and variable remuneration of the Group Managing Director and his direct reports; Wesfarmers’ compliance with the recommendations contained in the ASX Principles is set out in the company’s Appendix 4G which is available on the corporate governance section of the company’s website at www.wesfarmers.com.au/cg. back

A Group compliance program, supported by approved guidelines and standards covering safety, the environment, legal liability, information technology and human rights.

Appointing the Group’s internal auditor for a three-year term following a competitive tender process; The Audit and Risk Committee assists the Board in fulfilling its responsibilities in overseeing the company’s financial reporting, compliance with legal and regulatory requirements, the setting and reviewing of risk parameters and the risk appetite of the Wesfarmers Group, and proactively managing the Group’s systems of internal control and its financial and non-financial risk management framework in accordance with the Group’s purpose, values and strategic direction. back Wesfarmers is a leading Australian listed company.

He has more than 40 years’ experience in the finance sector including the provision of strategic, financial, merger and acquisition and capital advice to major corporate, private equity and government clients. back Role of the Nomination Committee The demerger was implemented on 28 November 2018. The performance review process involves a one-on-one meeting between the Chairman and each individual non-executive director. back Reviewing the senior executive remuneration framework and policies, including terms of employment such as notice periods, restraint and non-solicitation clauses; Monitoring the Group’s operating and cash flow performance, financial position and key metrics, including financial covenants and credit ratings;

Our Anti-bribery Policy stipulates that political donations must not be made at business unit or divisional level. Wesfarmers is committed to ensuring that the composition of the Board continues to include directors who collectively bring an appropriate mix of skills, commitment, experience, expertise and diversity (including gender diversity) to Board decision-making.The Board currently comprises ten directors, including nine non-executive and independent directors. Monitoring the ethical sourcing of products for resale through the Group’s retail networks to ensure that there are appropriate safeguards and processes in place; In addition, the company's shareholders have the ability to elect to receive communications and other shareholding information electronically. Wesfarmers is committed to ensuring that the composition of the Board continues to include directors who bring an appropriate mix of skills, experience, expertise and diversity (including gender diversity) to Board decision-making.

Where appropriate, external consultants are engaged to assist in searching for candidates.