Bank boss chickens out
A former senior executive with the Westpac Bank has been named the new CEO of the parent company to Red Rooster and Oporto.
Rod Coombe, one-time board member for the Westpac Banking Corporation Ltd, has been named the chief executive officer of Quick Service Restaurant Holdings. Finance reports say Mr Coombe was appointed to the top job at the largest Australian-owned fast food operator earlier this week.
Insiders say Mr Coombe may have already been working pretty close to his current position; Quick Service Restaurant Holdings is owned by Archer Capital, a private equity firm which Coombe has reportedly consulted with over the year prior to his acceptance.
The Australian Financial Review has reported QSR Holdings’ chairman Gordon Cairns told staff Mr Coombes was hired based on his strong people skills and results in previous roles.