Launa Inman

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Launa Inman

Non Executive Director, Commonwealth Bank of Australia
Non Executive Director, The Alannah and Madeline Foundation
Non Executive Director, Melbourne Fashion Festival
Non Executive Director, Super Retail Group Limited

Current Positions

Non Executive Director, Commonwealth Bank of Australia
Non Executive Director, The Alannah and Madeline Foundation
Non Executive Director, Melbourne Fashion Festival
Non Executive Director, Super Retail Group Limited


Previous Positions

Non Executive Director, Bellamy's
Managing Director, Target Australia
CEO and MD, Billabong International

Areas of Expertise

Business Business Practice / Management, Global Economy, Governance, Service and Retail, Women in Business
Not for Profit Children, Family and Disability, Women

Biography

In March 2011, Launa Inman was appointed to the Board of Directors of The Commonwealth Bank of Australia, the 9th largest bank in the world by market capitalisation.

Launa has strong business skills in large corporations, experienced in multi-brand wholesale and retail, e-commerce, strategic planning, marketing, and corporate restructuring and has worked Internationally.

Launa Inman was the CEO and Managing Director of Billabong International, one of only six Woman CEOs in the ASX 200. At the time of her appointment in May 2012, Billabong operated across 100 countries with 10 wholesale brands, 750 retail stores, and two pure play on-line businesses. It is a leading brand in the board sports industry of surf, skate and snow. The company was in severe difficulty when she joined and her mandate included undertaking a full strategic review to determine Billabong International's prospects. She successfully led the group to a deal with Private Equity which provided the necessary funding in July 2013.

Launa was also Managing Director for seven years of Target Australia, the largest Australian retailer of apparel, homewares and general merchandise, finishing with an annual turnover of A$3.9 billion, EBIT of A$281 million and 294 stores. Launa was an instrumental part of the turnaround of Target from a loss in 2001. Then as Managing Director oversaw A$1 billion of increased sales and EBIT growth of 85%, inspite of the GFC particularly affecting Clothing and Department Stores. During her tenure, Target averaged an EBIT margin of over 8.6%, which is world's best practice for "Big Box Retailers".

Previously was Managing Director of Officeworks, the largest stationery and office technology retailer in Australia.

Launa was formerly on the Advisory Board of the World Retailing Conference.

Launa Inman has a Masters Degree in Commerce, majoring in corporate strategy and attended an Advanced Management Program at Wharton Business School. In 2003 Launa was awarded Telstra Australian Businesswoman of the Year.

Launa is a sought after speaker on leadership, "breaking the glass ceiling", and turnarounds.

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