Webjet Group Appoints Myer Deputy Chair Gary Weiss Subject to Shareholder Vote
Webjet Group welcomes Gary Weiss to the board
Webjet Group has appointed Dr Gary Weiss AM as a Non-Executive Director, effective 1 May 2026. The appointment is subject to shareholder approval at the company’s Annual General Meeting scheduled for August 2026.
Dr Weiss brings over 35 years of board and investment experience across ASX-listed and private companies spanning property, retail, investment and entertainment sectors. The appointment signals a governance strengthening as Webjet Group progresses its strategic agenda.
Current board roles and commercial credentials
Dr Weiss currently holds several directorships that establish his commercial credentials:
- Chairman: Coast Entertainment Holdings Ltd, Cromwell Property Group
- Deputy Chairman: Myer Holdings Limited
- Executive Director: Ariadne Australia Ltd
- Director: Hearts & Minds Investments Limited, Thorney Opportunities Ltd, Victor Chang Cardiac Research Institute
Dr Weiss holds an LLB (Hons) and LLM from Victoria University of Wellington and a Doctor of the Science of Law (JSD) from Cornell University.
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What a Non-Executive Director brings to an ASX company
A Non-Executive Director provides independent oversight and strategic guidance without involvement in day-to-day operations. Unlike executive directors who manage the company’s daily activities, non-executive directors attend board meetings to review management performance, challenge strategy and protect shareholder interests.
Independent directors matter for governance because they bring external perspectives free from operational conflicts. They scrutinise executive decisions, ask difficult questions and ensure the board acts in shareholders’ best interests rather than management’s preferences.
For Webjet Group, the appointment adds governance expertise to the board as the company executes its strategic priorities. Don Clarke, Chair, noted Dr Weiss’s “significant board and investment experience, combined with strong commercial judgement and governance expertise” as valuable assets.
Ariadne and BGH Capital shareholding context
Ariadne Australia Ltd holds 5.01% of Webjet Group’s issued share capital. Through one of its controlled entities, Ariadne is party to a co-operation agreement with an entity controlled by BGH Capital.
Together, Ariadne and BGH Capital hold 18.28% of the company’s issued share capital. Dr Weiss serves as Executive Director of Ariadne, connecting his appointment to a significant shareholder bloc.
The disclosure provides context for investors assessing the appointment. Shareholders should note the existing co-operation agreement between Ariadne and BGH Capital when evaluating board composition.
Chair’s commentary on the appointment
Don Clarke, Chair
“We are pleased to welcome Gary to the Board. His significant board and investment experience, combined with strong commercial judgement and governance expertise, will be valuable as Webjet Group progresses its strategic agenda.”
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Board succession planning continues
The Board continues identifying additional director candidates to support effective succession planning. The focus areas include maintaining an appropriate balance of skills, knowledge, experience, diversity and independence whilst ensuring alignment with the company’s corporate governance obligations.
The ongoing director search signals commitment to governance best practice and board renewal. Investors should expect further announcements as the Board progresses its succession planning.
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