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Derek Rose

Myer names ex-Qantas exec Olivia Wirth as its next CEO

Olivia Wirth Myer Qantas John King

Former Qantas Loyalty CEO Olivia Wirth will become Myer CEO and executive chairwoman from June 4. (Bianca De Marchi/AAP PHOTOS)

Myer has named former Qantas executive Olivia Wirth as its next CEO as well as announcing a drop in profit despite slightly increased same-store sales.

Ms Wirth, the former Qantas Loyalty CEO, will become Myer CEO and executive chairwoman effective June 4, a day after current chief executive and managing director John King retires, the retailer announced on Thursday.

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