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Wesfarmers appoints new CFO

Wesfarmers Ltd. said May 29 it has named Anthony Gianotti deputy CFO, effective July 1.

The retail conglomerate said Gianotti will succeed Finance Director Terry Bowen, who held that position for about nine years. Gianotti is serving as deputy managing director and finance director of the Wesfarmers Industrials division.

Wesfarmers also appointed David Baxby as managing director of the Industrials division, effective in August. Baxby is a former president and CEO of tourism shopping tax refund company Global Blue and a former co-CEO of Virgin Group Ltd.

Michael Schneider was promoted to managing director of the warehouse retailer Bunnings Group, which is a subsidiary of Wesfarmers. Schneider is serving as managing director of Bunnings Australia and New Zealand.