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Leah Weckert wins top business honor for leading Coles’ $1B+ supply chain overhaul.
Leah Weckert, CEO of Coles Supermarkets, has been named Financial Review Business Person of the Year for 2025, marking the first time in decades Coles has won the top honor over Woolworths.
The recognition follows a $1 billion-plus investment in supply chain upgrades that improved inventory, delivery speeds, and pricing.
The award highlights her leadership in driving operational efficiency and innovation.
Meanwhile, News Corporation sold its entire stake in ARN Media, exiting its Australian broadcasting investments amid financial struggles and leadership changes.
In infrastructure, Mike Dorrell left Macquarie Group to lead Stonepeak, advancing private equity’s role in data centers and clean energy.
In real estate, Rhett Simonds sold his luxury Melbourne home.
Additionally, rising housing costs in Sydney are prompting more Australians to consider relocating to Toronto, drawn by Canada’s more affordable housing and strong economy.
Leah Weckert gana el máximo honor de negocios por liderar la revisión de la cadena de suministro de Coles por más de $ 1 mil millones.