- Reece (REH) has changed up its leadership to accelerate its long-term growth strategy
- The company’s leadership team will be led by Peter Wilson as Group CEO and Managing Director
- From July 1 2020, Gavin Street, who is currently Group CFO, will move into the role of CEO in Australia and New Zealand
- Also on this date, Andrew Cowlishaw will move into the role of Group CFO and lead the ANZ Finance team
- Chantelle Duffy will then become Company Secretary, taking over from Gavin
- Reece has ended the day 1.95 per cent in the green with shares trading for $8.37 each
Reece (REH) has changed up its leadership to accelerate its long-term growth strategy.
The company’s leadership team will be led by Peter Wilson as Group CEO and Managing Director, and it will also include a CFO (Chief Financial Officer), CEO U.S., and CEO ANZ.
“We have a clear strategy and blueprint for the future. These leadership changes reflect our commitment to building on the foundations we have laid in the United States,” CEO and Managing Director Peter Wilson commented.
“It ensures we have a dedicated focus, and leadership structure, as we continue to build a digital ecosystem to support the customer experience across Australia and New Zealand,” he added.
From July 1 2020, Gavin Street, who is currently Group CFO, will move into the role of CEO — Australia and New Zealand (ANZ).
Gavin joined Reece in 2008 as CFO after senior roles at Westpac and GE Finance.
During his time at Reece, Gavin led the company’s digital transformation as Chief Technology Office from 2016 to 2018.
“As CEO of Australia and New Zealand, Gavin’s passion for Reece will be critical to delivering industry-leading digital customer experiences,” Peter said.
“He is a strategic thinker, has a deep understanding of our ANZ operations and the people that drive our success,” he added.
Also on this date, Andrew Cowlishaw will move into the role of Group CFO and lead the ANZ Finance team.
Andrew is joining Reece from EY where he led the Mergers and Acquisitions team in Melbourne for almost nine years.
He played a critical role in Reece’s purchase of Actrol in 2014 and he was critical in the expansion into the States a few years back via the acquisition of MORSCO.
“Andrew has been an important advisor to the business, working alongside us since 2012. Over this time he has played a key role in our strategic acquisitions and got to know our business and our people,” Peter stated.
“He’ll be a great cultural fit for Reece and, as Group CFO, he will be responsible for working with the global team to deliver on our strategy,” he added.
In lieu of these changes, Chantelle Duffy will become Company Secretary, taking over from Gavin.
Chantelle is a Chartered Accountant with more than 15 years of financial experience working with EY and PwC both in Australia and internationally.
She joined Reece in 2019 as the Group Financial Reporting Lead.
Reece has ended the day 1.95 per cent in the green with shares trading for $8.37 each in a $5.303 billion market cap.