The Board of Coles Group Limited announced that Leah Weckert has been appointed as Managing Director of Coles with effect from 1 May 2023, upon the retirement of Steven Cain. Over the period since 2011, Ms. Weckert has held the positions of Chief Executive, Commercial and Express; Chief Financial Officer; People and Culture Director; and, State General Manager, Victorian Supermarkets, as well as being a senior member of the Executive Leadership Team since the demerger of Coles from the Wesfarmers Group in 2018. Ms. Weckert holds degrees in Engineering and Science from Adelaide University and a Master of Business Administration from Harvard University.

Ms. Weckert's prior business experience includes roles at McKinsey & Company and Foster's Group. Following transition of Coles' leadership to Ms. Weckert in May, Mr. Cain will remain with the Company for an interim period to assist in an orderly transfer of executive responsibility.