Move

Westpac COO to step into CFO role following resignations

Executive Move

Gary+thursby

Westpac COO Gary Thursby, who has been with the organisation for eight years and was previously CFO of CBA, will step into the CFO role following an executive shakeup at the organisation.

Current CFO Peter King will become the acting CEO after Brian Hartzer stepped down on Tuesday.

The moves come after the disclosure of 23 million transactions related to money laundering. Board chair Lindsay Maxstead said, "We are currently working through our response to the Statement of Claim and will shortly commence the independent review."

Departure

November 2019

COO

Westpac Group

Appointment

November 2019

Acting Chief Financial Officer

Westpac Group

News reports on this move

26/11/2019
Financial Review
26/11/2019
IFA
26/11/2019
Financial Standard