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United States

Westfield Corp (WEFIF.PK)

WEFIF.PK on OTC Markets Group

6.06USD
20 Oct 2017
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Summary

Name Age Since Current Position

Frank Lowy

2014 Non-Executive Chairman of the Board

Michael Gutman

2014 President, Chief Operating Officer, Executive Director

Peter Lowy

45 2014 Co-Chief Executive Officer, Executive Director

Steven Lowy

2013 Co-Chief Executive Officer, Executive Director

Brian Schwartz

2014 Non-Executive Deputy Chairman of the Board, Lead Independent Director

Elliott Rusanow

2015 Chief Financial Officer

Donald Kingsborough

2016 President - Westfield Retail Solutions, Non-Executive Independent Director

Simon Tuxen

General Counsel, Company Secretary

Maureen McGrath

Secretary

Ilana Atlas

62 2014 Non-Executive Independent Director

Roy Furman

2014 Non-Executive Independent Director

Jeffrey Goldstein

61 2016 Independent Non-Executive Director

Mark Granger

75 2014 Non-Executive Independent Director

Mark Johnson

75 2014 Non-Executive Independent Director

John McFarlane

69 2014 Non-Executive Independent Director

Dawn Ostroff

2016 Independent Non-Executive Director

Biographies

Name Description

Frank Lowy

Mr. Frank P. Lowy AC serves as the Non-Executive Chairman of the Board of Westfield Corporation. He was appointed on April 8, 2014. Mr Lowy served as the Westfield Group’s Chief Executive Officer for over 50 years before assuming a non-executive role in the former Westfield Group in May 2011. He is the founder and Chairman of the Lowy Institute for International Policy. In November 2015 he retired as Chairman of Football Federation Australia Limited and in May 2016 he retired as Chairman of Scentre Group. Mr Lowy is Chairman of Westfield Corporation’s Nomination Committee.

Michael Gutman

Mr. Michael Gutman OBE is President, Chief Operating Officer, Executive Director of the Company. He was appointed as an Executive Director of Westfield Corporation in August 2014 and has served as President and Chief Operating Officer of Westfield Corporation since June 2014. Prior to the establishment of Westfield Corporation, Mr Gutman was the Managing Director, UK/Europe and New Markets. He joined Westfield as an executive in 1993. Under his leadership, Westfield's UK/Europe business successfully developed Westfield London and Stratford City, two of the largest urban shopping centres in UK/Europe and acquired flagship development opportunities at Croydon in south London and Milan in Italy. In 2015 Michael joined the newly formed Westfield Board Digital sub-committee and was appointed a Director of the Europe Australia Business Council.

Peter Lowy

Mr. Peter Simon Lowy serves as Co-Chief Executive Officer, Executive Director of Westfield Corporation. He holds a Bachelor of Commerce from the University of NSW. Prior to joining Westfield in 1983, Mr Lowy worked in investment banking both in London and New York. Mr. Lowy serves as Chairman of the Homeland Security Advisory Council for Los Angeles county; he also serves on the RAND Corporation Executive Committee and Board of Trustees, the Executive Committee of the Washington Institute for Near East Policy and is a Director of the Lowy Institute for International Policy. Prior to the establishment of Westfield Corporation, Mr Lowy was the Joint Managing Director of the Westfield Group from 1997.

Steven Lowy

Mr. Steven Mark Lowy AM serves as Co-Chief Executive Officer, Executive Director of Westfield Corporation. He holds a Bachelor of Commerce (Honours) from the University of NSW. Prior to joining Westfield in 1987, Mr Lowy worked in investment banking in the US. He is Chairman of Football Federation Australia Limited, a non-executive Director of Scentre Group and the Lowy Institute for International Policy. Mr Lowy’s previous appointments include President of the Board of Trustees of the Art Gallery of New South Wales, Chairman of the Victor Chang Cardiac Research Institute and Presiding Officer of the NSW Police Force Associate Degree in Policing Practice Board of Management. Prior to the establishment of Westfield Corporation, Mr Lowy was the Joint Managing Director of the Westfield Group from 1997.

Brian Schwartz

Mr. Brian Martin Schwartz, AM serves as Non-Executive Deputy Chairman of the Board, Lead Independent Director of Westfield Corporation Limited. He was appointed on April 8, 2014. He is a non-executive Director and Chairman-elect of Scentre Group. Mr Schwartz is Chairman of the Westfield Corporation’s Audit and Risk Committee and a member of the Nomination Committee and is the lead independent Director. In a career with Ernst & Young Australia spanning more than 25 years, he rose to the positions of Chairman (1996 - 1998) and then CEO of the firm from 1998 to 2004. From 2005 to 2009, Mr Schwartz was the CEO of Investec Bank (Australia) Limited. He is a fellow of the Australian Institute of Company Directors and the Institute of Chartered Accountants. Mr Schwartz was previously Chairman of Insurance Australia Group Limited and Deputy Chairman of Football Federation Australia Limited.

Elliott Rusanow

Mr. Elliott Rusanow is Chief Financial Officer of the Company. Prior to the establishment of Westfield Corporation, Mr Rusanow was head of corporate finance for Westfield Group. Mr Rusanow joined Westfield in 1999 and was Head of Corporate Finance since 2007, following a two-year period in the UK as Director, Finance UK/Europe. Mr Rusanow previously held the positions of Director, Investor Relations & Equity Markets, Executive Assisting the Managing Director and Manager, Westfield Trust. Prior to joining Westfield, Mr Rusanow worked at Bankers Trust Australia Limited.

Donald Kingsborough

Mr. Donald D. Kingsborough serves as President - Westfield Retail Solutions, Non-Executive Independent Director of the Company. Don Kingsborough was appointed as President, Westfield Retail Solutions in July 2016. He also serves as a Director of Westfield Corporation, a position he has held since 2014. He has been involved in the technology and retail sectors for the past 40 years and has helped establish a number of successful businesses. He has held a number of senior positions including as PayPal’s Vice President of Global Retail and Global Business and Corporate Development and as President of consumer products at Atari in the late ‘70s and early 80s. In 2001 he founded Blackhawk Network and was CEO for a decade during which time he pioneered the gift card market.

Simon Tuxen

Mr. Simon J. Tuxen is General Counsel, Company Secretary of the Company. Simon Tuxen was appointed General Counsel of Westfield Corporation in June 2014. Prior to the establishment of Westfield Corporation, Mr Tuxen was Group General Counsel and Company Secretary of Westfield Group. Prior to joining Westfield in 2002, Mr Tuxen was the General Counsel of BIL International Limited in Singapore, Group Legal Manager of the Jardine Matheson Group in Hong Kong and a partner with Mallesons Stephen Jaques (now King & Wood Mallesons) from 1987 to 1996.

Maureen McGrath

Ilana Atlas

Ms. Ilana Rachel Atlas serves as Non-Executive Independent Director of Westfield Corporation. She was appointed on April 8, 2014. Ms Atlas was previously a partner in Mallesons Stephen Jaques (now King & Wood Mallesons) and held a number of managerial roles in the firm, including Managing Partner and Executive Partner, People & Information. In 2000 she joined Westpac as Group Secretary and General Counsel before being appointed to the role of Group Executive, People in 2003. In that role, she was responsible for human resources strategy and management as well as Westpac’s approach to corporate responsibility and sustainability. Ms Atlas is a Director of Australia and New Zealand Banking Group Limited, Coca-Cola Amatil Limited, Jawun Pty Limited, Human Rights Law Centre, and the Chairman of Bell Shakespeare Company and a Fellow of the Senate of the University of Sydney. Ms Atlas is a member of the Westfield Corporation Human Resources Committee and the Audit and Risk Committee.

Roy Furman

Mr. Roy Lance Furman serves as Non-Executive Independent Director of Westfield Corporation. He was appointed on April 8, 2014. He holds a degree in law from Harvard Law School. Mr Furman is based in the US and is Vice-Chairman of Jefferies LLC and Chairman of Jefferies Capital Partners, a group of private equity funds. In 1973 he co-founded Furman Selz - an international investment banking, institutional brokerage and money management firm and was its CEO until 1997. Mr Furman is a member of the Westfield Corporation Human Resources Committee.

Jeffrey Goldstein

Mr. Jeffrey A. Goldstein is the Independent Non-Executive Director of the Company. Mr. Goldstein is a Managing Director of the private equity firm Hellman & Friedman LLC (H&F). The firm focusses primarily on investments in financial services, software, digital media, healthcare, business services and other industries. Mr Goldstein has held that position since 2004. In 2009, Mr Goldstein left his role at H&F and served two years as Under Secretary of the Treasury for Domestic Finance and Counselor to the Secretary of the Treasury in the United States. In that role, he advised the Secretary on policy issues related to the U.S. banking and financial systems, regulatory reform, financial stability, U.S. housing finance, management of the U.S. Government portfolio of investments in financial institutions and auto companies and related economic and financial matters. Prior to H&F, Mr Goldstein served as Managing Director and Chief Financial Officer of the World Bank. Prior to his tenure at the World Bank, Mr Goldstein was Co-Chairman of BT Wolfensohn and a member of the Bankers Trust Company Management Committee. He held senior management positions and worked with BT Wolfensohn and related companies for more than 15 years. Earlier in his career, Mr Goldstein taught economics at Princeton University and worked at the Brookings Institution. Mr Goldstein holds a Ph.D, M.Phil and M.A. in Economics from Yale University, a B.A. (Honours) in Economics from Vassar College and also attended the London School of Economics.

Mark Granger

Mr. Mark Roderick Granger Johnson AO serves as Non-Executive Independent Director of Westfield Corporation. He holds a degree in law from the University of Melbourne and a Masters of Business Administration from Harvard University. Mr Johnson is a senior advisor for Gresham Partners in Sydney and Chairman of Dateline Resources Limited and Alinta Energy. He is also a member of the Board of Governors of the Institute for International Trade at the University of Adelaide and a Life Governor of the Victor Chang Cardiac Research Institute. He has previously held senior roles in Macquarie Bank before retiring as Deputy Chairman in July 2007 and his former directorships include Pioneer International, AGL Energy and the Sydney Futures Exchange. Mr Johnson is Chairman of the Westfield Corporation Human Resources Committee and a member of the Nomination Committee.

Mark Johnson

Mr. Mark Graham Johnson serves as Non-Executive Independent Director of Westfield Corporation. He holds a Bachelor of Commerce from the University of NSW. Mr Johnson was Chief Executive Officer and Senior Partner of PricewaterhouseCoopers (PwC), one of Australia’s leading professional services firms, from July 2008 to June 2012. In his more than 30 year career with PwC, Mr Johnson served a number of that firm’s major clients in audit, accounting, due diligence, fundraising and risk and governance services. Mr Johnson was a senior member of the PwC International Strategy Council and Deputy Chairman of PwC Asia Pacific. He is Chairman of G8 Education Limited and MH Premium Farms (Holdings) Pty Limited and a Director of HSBC Bank Australia Limited, The Hospitals Contribution Fund of Australia Limited (HCF) and The Smith Family. His former roles include Chairman of the PwC Foundation, member of the Auditing and Assurance Board, Deputy Chair of the Finance and Reporting Committee at the Australian Institute of Company Directors and a member of the Executive Council of the UNSW Business School Advisory Board. He is a Fellow of the Institute of Chartered Accountants and the Australian Institute of Company Directors. Mr Johnson is a member of the Westfield Corporation Audit and Risk Committee.

John McFarlane

Mr. John McFarlane, OBE serves as Non-Executive Independent Director of Westfield Corporation. He holds a MA from the University of Edinburgh, a MBA and an honorary DSc from Cranfield University. Mr McFarlane is Chairman of Barclays plc, a director of Old Oak Holdings Ltd and is Chairman of The CityUK and a member of the UK’s Financial Services Trade and Investment Board. He was formerly Chief Executive Officer of Australia & New Zealand Banking Group Ltd, Group Executive Director of Standard Chartered plc, and Head of Citibank NA in the UK and Ireland. Mr McFarlane was also formerly Chairman of FirstGroup plc, Aviva plc and a non-executive director of The Royal Bank of Scotland Group plc, Capital Radio plc, the London Stock Exchange, and was Chairman of the Australian Bankers Association and President of the International Monetary Conference.

Dawn Ostroff

Ms. Dawn Ostroff is the Independent Non-Executive Director of the Company. She is currently president of Condé Nast Entertainment (CNÉ), a production company engaged in projects across film, television and premium digital video based on Condé Nast’s iconic brands. Prior to joining Condé Nast, Ms Ostroff was President of Entertainment at CW broadcast network, a joint venture of CBS and Warner Bros., which she helped launch in 2006. In that role, Ms Ostroff was responsible for all aspects of the CW’s creative efforts, including programming, digital initiatives, branding, marketing, research and sales, and developed a number of hit series—among them, Gossip Girl, The Vampire Diaries and America’s Next Top Model. Ms Ostroff and her team also developed new strategies for streaming in order to leverage content and revenue opportunities. From 2002 to 2006, Ms Ostroff served as president of UPN Network, a subsidiary of CBS, where she oversaw all areas of the network’s business—programming, digital, branding, marketing, sales, finance, research, legal and publicity, and more. Ms Ostroff has a Bachelor of Science degree in Journalism from Florida International University.

Basic Compensation

Name Fiscal Year Total

Frank Lowy

446,000

Michael Gutman

13,882,700

Peter Lowy

9,004,710

Steven Lowy

9,214,580

Brian Schwartz

245,280

Elliott Rusanow

4,060,170

Donald Kingsborough

187,300

Simon Tuxen

--

Maureen McGrath

--

Ilana Atlas

199,748

Roy Furman

182,840

Jeffrey Goldstein

--

Mark Granger

197,396

Mark Johnson

191,760

John McFarlane

165,000

Dawn Ostroff

--
As Of  30 Dec 2015