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Myer Holdings Ltd (ASX:MYR) is reshaping its executive team five months after merging with Apparel Brands to become “a leading Australian omnichannel.”
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At the top of the changelist was the appointment of former David Jones executive Kathy Karabatsas as Group Chief Financial Officer to replace Matt Jackman, who had held the position since February 2024.
Myer will also be replacing its Chief People Officer; Megan Collins is stepping into the role from next month, bringing human resources experience in the mining, food retail, and energy sectors, including at General Electric and Newcrest Mining.
The company’s new Chief Merchandising Officer will be Belinda Slifkas – who already works for Myer as General Merchandise Manager Apparel, Home, and Entertainment.
Two other appointees from outside Myer include new Chief Information Officer Mark Medwell – who has been with Cotton On for more than eight years – and Darren Wedding, appointed Chief Supply Chain Officer. The latter joins Myer after previous experience at multi-brand business Super Retail Group.
Also added to the executive lineup will be a newly created role, ‘Chief Product Officer,’ which Myer is currently recruiting for. That appointee is set to take on responsibility for Myer Exclusive Brands as well as private brands like Sass and Bide, Marcs, and David Lawrence.
Executive chair Olivia Wirth said these developments would help steer Myer in a strong new direction. “These leadership changes materially enhance our capability to drive the next phase of growth for the expanded Myer Group,” she said.
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“The new appointments bring world-class expertise in multi-brands and department
store environments and a track record of financial, retail and supply chain success to the Myer Group.
“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 retail, sourcing and supply chain leaders.”
Myer has been trading at 74 cents.
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