New Director Appointment – Guy Russo

Scentre Group (ASX: SCG / ASX: CDP) today announced the appointment of Guy Russo to the Board, effective 1 September 2020.

Scentre Group’s Chairman, Brian Schwartz AM said: “We are delighted to welcome Guy to the Board. Guy will add significant skills and experience to the Board as a business leader who understands the customer, retail and retail property.

“As part of its ongoing renewal and succession planning, the Board is committed to ensuring a strong and diverse membership. Guy has a highly accomplished career and we welcome him as a valuable addition to the Board”.

Mr Russo will be an independent non-executive Director.

Guy Russo

Guy Russo is Chairman of Australian-owned, Guzman Y Gomez and Chairman of OneSky, an international charity for children living in poverty in Asia.

In a corporate career spanning 42 years he has served as CEO, Wesfarmers Department Store Division (Kmart & Target); Managing Director, Kmart Australia & NZ; President, McDonald’s Greater China; CEO, McDonald’s Australia Ltd and Chairman of Ronald McDonald House Children’s Charities.

Guy is most well-known for leading the corporate turn-around of Kmart Australia creating the largest and most profitable retail department store in the country.

A member of YPO since 2006, now with Lestari, the first Impact Chapter of YPO, he has consulted to business in China and Asia, served as a member on the Business Council of Australia, and won industry awards for leadership in diversity in employment.