Brian Hartzer

Brian Hartzer (born 1967)[1] is an Australian business executive who was the Managing Director and CEO of Westpac from 2014 to 2020.[2][3]

Brian Charles Hartzer
Born
Brian Charles Hartzer

1967
New York, New York
NationalityUS
Australian
CitizenshipUSA
Australia
EducationChoate Rosemary Hall
Princeton University
Alma materPrinceton University
OccupationUnemployed
Home townDarien, Connecticut
Parent(s)James Robert Hartzer
Toni Hartzer Worth
RelativesBill Hartzer
Carolyn Hartzer

Education

Brian Hartzer graduated from Princeton University.[4]

Banking career

Hartzer began his career as a consultant at First Manhattan Consulting Group (FMCG), working in New York, San Francisco and Melbourne. Hartzer concluded his time at FMCG as a Vice President (Partner).[4][5]

After FMCG, Hartzer worked at Australia and New Zealand Banking Group Limited (ANZ), in a several roles including running the credit card business, the retail banking operations and managing director of the consumer finance division and CEO of the Australia division.[4][6][7][8]

Hartzer joined Royal Bank of Scotland (RBS) Group's Ulster Bank as CEO UK Retail and Wealth Management in 2009.[5]

After 2 years with RBS, Hartzer returned to Australia. In November 2014, he was announced as the CEO to succeed Gail Kelly as CEO, Australian Financial Services, at Westpac Group in February 2015.[8] Hartzer stepped down as Chief Executive Officer in November 2019 after claims made by AUSTRAC alleged the bank was involved in money laundering, child exploitation and other banking violations.[9][10][11] Peter King was appointed to replace him.[3]

References
  1. Pash, Chris (2014-11-13). "How Brian Hartzer Lined Himself Up For The Top Job At Westpac". Business Insider Australia. Retrieved 2016-11-07.
  2. Somasundaram, Narayanan (12 November 2014). "Hartzer to Become Westpac CEO in February as Kelly Exits". Bloomberg.
  3. Witkowski, Wallace. "Westpac Banking names Peter King CEO for next two years". MarketWatch. Retrieved 2020-05-21.
  4. Pash, Chris (2014-11-13). "How Brian Hartzer Lined Himself Up For The Top Job At Westpac". Business Insider Australia. Retrieved 2020-05-21.
  5. "Ex-ANZ executive Hartzer to join RBS". The Sydney Morning Herald. 2009-05-07. Retrieved 2020-05-21.
  6. "An ignominious end for Hartzer". Australian Financial Review. 2019-11-25. Retrieved 2020-05-21.
  7. "Brian Hartzer quits ANZ sparking management concerns". NewsComAu. 2009-05-04. Retrieved 2020-05-21.
  8. "Westpac names Brian Hartzer new CEO". Financial Review. 13 November 2014. Retrieved 1 January 2018.
  9. Murdoch, Scott; Kaye, Byron (2019-12-12). "Shareholders lash Australia's Westpac over money laundering bombshell". Reuters. Archived from the original on 2019-12-13. Retrieved 2019-12-12.
  10. "Top bank CEO in Australia steps down over money laundering scandal". CNN. Retrieved 27 November 2019.
  11. "Westpac bank chief quits amid money laundering scandal". BBC. Retrieved 27 November 2019.
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