Homebase owner sheds entire board following takeover

The new owner of Homebase, Wesfarmers, has removed a number of directors from their roles, having only completed the takeover of the business on Monday.

Echo Lu
Echo Lu

Those set to go are managing director Echo Lu, commercial director Paul Emslie, retail operations director Ewan McMahon, and marketing director Chris McDonough.

The entire Homebase board will be leaving in the next two weeks, with Echo Lu leaving this Friday.  The HR team will remain in place for six months.

Wesfarmers personnel are set to take over, with chief operating officer Peter Davis taking on Lu's position.

Rodney Boys, Bunnings’ logistics and improvement general manager, will become the new finance director.

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