tiprankstipranks
Trending News
More News >

Westpac Appoints Carolyn McCann as Acting Chief Executive, Consumer

Story Highlights

Westpac Banking ( (AU:WBC) ) has shared an update.

Westpac has appointed Carolyn McCann as the Acting Chief Executive of its Consumer division, effective May 12, 2025, as the bank conducts an external search for a permanent replacement for the outgoing Chief Executive, Jason Yetton. McCann, who has significantly improved the bank’s operations in her current role, is expected to bring her customer-focused leadership to the Consumer division, enhancing decision times, reducing scam losses, and simplifying customer complaints processes. Carolyn Hoy will temporarily take over McCann’s current responsibilities as the Acting Group Executive, Customer & Corporate Services.

More about Westpac Banking

Westpac Banking Corporation is a major Australian financial services company that provides a wide range of banking and financial products and services. The company focuses on consumer banking, business banking, and wealth management services, serving a diverse customer base across Australia and New Zealand.

YTD Price Performance: 2.41%

Average Trading Volume: 2,540

Technical Sentiment Signal: Sell

Current Market Cap: $69.91B

Find detailed analytics on WBC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App