Waecker arrives at the jewellery chain with extensive executive experience at international retail companies, including tenure at The Walt Disney Company and Yahoo. In more recent years, he worked in a variety of positions at The Warehouse Group in New Zealand.
In a statement, the company said that Waecker will relocate from Auckland to Brisbane to take up the role of CEO later this month. Chair Rob Fyfe said Waecker’s diverse experience abroad would be an asset for the company.
“Following a rigorous global search process, the board is delighted to appoint Jonathan to lead Michael Hill as we embark on our next chapter of transformation and growth,” Fyfe said.
“Jonathan’s global perspective, commercial acumen, digital experience and customer-centric leadership approach align strongly with the company’s strategic priorities and market challenges. We are confident in his ability to guide the Michael Hill business forward, building on our brand heritage and Sir Michael Hill’s fabulous legacy.”
Michael Hill’s search for a new leader began after the unexpected passing of former CEO Daniel Bracken in February. Andrew Lowe, who has served as interim CEO since Bracken’s passing, has announced his resignation from the company.
“With strong brand equity, a passionate team, and a loyal customer base across Australia, New Zealand, and Canada, I believe Michael Hill has all the ingredients to thrive,” Waecker said.
“I look forward to working with the board, the executive team, our people across the business and our loyal customers to unlock the next phase of growth and relevance across our brand portfolio.”
In late July, the company’s founder, Sir Michael Hill, passed away aged 86. Michael Hill International currently operates 294 stores across Australia, New Zealand, and Canada.
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