7-Eleven Australia’s new CEO announced

Posted by AFN Staff Writers on 21st March 2016

The convenience store and petrol chain group 7-Eleven Australia appointed a replacement for its former Chief Executive Officer Warren Wilmot who left the chain in 2015.

He left at a time of the chian facing widespread allegations of underpayment of staff at franchised operations.

The new CEO is Angus McKay. Since January 2015 he has has been working as CEO and Managing Director of the ASX-listed employment agency Skilled Group Limited.

Prior to his role at Skilled Group, McKay was Managing Director of Pacific National Rail and Chief Financial Officer at freight company Asciano. He also held the positions of Chief Financial Officer at the Fosters Group between 2004 and 2010 and was CFO at the New Zealand Milk between 2002 and 2004.

In announcing the appointment, the convenience chain says it conducted a global search for its new CEO. The chairman of 7-Eleven Michael Smith said the appointment is a crucial part of advancing the company’s new Strategic Reform Programme.

“Mr. McKay is a proven builder of strong and connected teams and has created successful cultures in multiple business environments, which makes him a perfect fit for 7-Eleven,” Smith said.

McKay said that as CEO he is committed to building a strong relationship with franchisees.

“Working with franchisees as well as our suppliers and other stakeholders will be a crucial part in 7-Eleven’s on-going success and being an industry leader,” he stated.

The investigation into employee underpayment allegations still continues with 7-Eleven appointing a specialist investigator in February 2016, as well as dealing with a number of legal claims in relation to various 7-Eleven stores.