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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Westpac Banking Corp    WBC   AU000000WBC1

WESTPAC BANKING CORP (WBC)
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Westpac Director Carolyn Hewson to Retire from the Board

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06/13/2012 | 07:11am CEST
   By Caroline Henshaw 
 

SYDNEY--Westpac Banking Corp. (>> Westpac Banking Corporation) director Carolyn Hewson will retire from the bank's board at the end of the month, the lender said in a statement on Wednesday.

Ms. Hewson, who also sits on the board of Australian mining giant BHP Billiton (>> BHP Billiton Limited), has been a director at Australia's second-largest bank by market value since 2003. Her departure on June 30 comes as part of the bank's director tenure limit of 10 years.

Ms. Hewson will continue to chair Westpac's charitable trust, the Westpac Foundation, after she steps down from the board.

"Carolyn has been an exemplar of Westpac's values, providing wise and thoughtful counsel, and always exhibiting the highest level of integrity and dedication," said Chairman Lindsay Maxsted.

Write to Caroline Henshaw at caroline.henshaw@dowjones.com

Stocks mentioned in the article : Westpac Banking Corporation, BHP Billiton Limited
Stocks mentioned in the article
ChangeLast1st jan.
BHP BILLITON LIMITED -1.37% 33.2 End-of-day quote.12.75%
WESTPAC BANKING CORP 0.30% 26.69 End-of-day quote.-16.97%
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Financials (AUD)
Sales 2018 22 259 M
EBIT 2018 12 424 M
Net income 2018 8 389 M
Debt 2018 -
Yield 2018 7,07%
P/E ratio 2018 11,30
P/E ratio 2019 11,11
Capi. / Sales 2018 4,00x
Capi. / Sales 2019 3,90x
Capitalization 89 120 M
Chart WESTPAC BANKING CORP
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Technical analysis trends WESTPAC BANKING CORP
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 31,0  AUD
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Brian Hartzer Chief Executive Officer, Executive Director & MD
Lindsay Philip Maxsted Chairman
David Lees Chief Financial Officer
David Curran Chief Information Officer
Robert Wilson Chief Technology Officer
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