Westpac Names Former Goldman Partner Anthony Miller as CEO
- Miller will start in top role Dec. 16, Peter King to retire
- Miller’s renumeration package will be same as current CEO’s
The Westpac Place building in Sydney, Australia.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Westpac Banking Corp.’s new boss Anthony Miller is likely to keep the Australian bank focused on key priorities such as technology improvements and cost cuts, according to analysts.
Miller will become the next chief executive officer, succeeding Peter King, on Dec. 16. The firm’s current business and wealth division head has held senior roles at Deutsche Bank AG and Goldman Sachs Group Inc. and has been with the lender since 2020. He’ll have a fixed renumeration of A$2.5 million ($1.7 million) as well as shorter and longer term variable compensation.