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Temple & Webster Group Ltd (ASX:TPW)

ALERT: Price-sensitive ASX Announcement for TPW
Current share price for TPW : $5.400 -1.2 (-18.18%)+
Announcement
Release
23 Apr 2026 8:30AM
Price at Release
$6.600
Full Release
download
Summary
Temple & Webster Group Ltd announced that Mark Coulter, the co-founder and current CEO, will transition to the role of Executive Chair, while Susie Sugden, a former executive of the company, will be appointed as the new CEO, effective from 1 July 2026. As Executive Chair, Coulter will oversee business strategy and long-term growth, while providing mentorship to Sugden. Sugden, who previously served as the Chief Commercial Officer and Chief Marketing Officer at Temple & Webster, returns with a strong track record in managing e-commerce businesses. Stephen Heath, the current Chair, will become the Lead Independent Director, and Conrad Yiu will head the company's technology committee. The announcement highlights these changes as part of Temple & Webster’s strategy to drive sustained growth and operational excellence.
Key Points
  • Mark Coulter appointed Executive Chair
  • Susie Sugden appointed as new CEO
  • Leadership changes effective from 1 July 2026
  • Mark Coulter to focus on strategy and growth opportunities
  • Susie Sugden's background and previous roles at Temple & Webster
  • Stephen Heath becomes Lead Independent Director
  • Conrad Yiu to chair technology committee
  • Mark Coulter retains shares and options
  • Susie Sugden's fixed remuneration set at $850,000
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.