To lead UK home improvement strategy.
Bunnings CEO John Gillam has appointed an advisory team to guide its UK growth, which he announced at an investor strategy day in Sydney today. Wesfarmers deputy chair, Archie Norman, will be joined by former McKinsey & Company partner, Michael Mire, and former Masters managing director, Matt Tyson (pictured below).
Gillam reportedly admitted the appointment of Tyson was an “interesting choice”, but said his employment history showed he would be a valuable addition.
“He knows Bunnings well (and) he is also a very well-credentialed UK retailer…It’s terrific to have him.”
Tyson stepped down from his role at Masters in February this year and headed back to the UK, but was last reported to be consulting Woolworths on its exit strategy.
Prior to his time with Woolworths, Tyson spent 20 years at Europe’s largest home improvement retailer Kingfisher.
The third member of the advisory team, Michael Mire is a senior adviser to financial advisory and asset management firm Lazard, which counselled Wesfarmers on its UK entry. He spent 20 years at consultancy firm McKinsey & Company.
“He’s a really strong thinker and brings some real discipline,” Gillam said.