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Michael Hill International appoints Jonathan Waecker as new CEO

Author
NZ Herald,
Publish Date
Mon, 18 Aug 2025, 2:38pm
Michael Hill International has a new CEO following a global search.
Michael Hill International has a new CEO following a global search.

Michael Hill International appoints Jonathan Waecker as new CEO

Author
NZ Herald,
Publish Date
Mon, 18 Aug 2025, 2:38pm

Jeweller Michael Hill International has appointed Jonathan Waecker as its next chief executive, more than five months after the passing of former boss Daniel Bracken.

Waecker, who takes over the top job on August 27, has senior leadership experience across retail, brand, digital, customer experience and transformation, having held roles at The Walt Disney Company and Yahoo.

He is also a former chief customer and sales officer at The Warehouse Group.

Waecker said he was 鈥渉onoured鈥 to be joining Michael Hill and excited about the opportunity to help shape its next chapter.

鈥淲ith 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.

鈥淚 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.鈥

Michael Hill鈥檚 search for a new CEO came after the sudden death of Bracken, 57, in February following an adverse reaction to medical treatment for an underlying medical condition.

Interim CEO Andrew Lowe, whom Waecker replaces, has resigned from Michael Hill. Lowe will resume his role as chief financial and supply chain officer during his six-month notice period.

Michael Hill chairman Rob Fyfe said Waecker was appointed following a rigorous global search process.

鈥淭he board is delighted to appoint Jonathan to lead Michael Hill as we embark on our next chapter of transformation and growth.

鈥淛onathan鈥檚 global perspective, commercial acumen, digital experience and customer-centric leadership approach align strongly with the company鈥檚 strategic priorities and market challenges.

鈥淲e are confident in his ability to guide the Michael Hill business forward, building on our brand heritage and Sir Michael Hill鈥檚 fabulous legacy.鈥

Founder Sir Michael Hill passed away in July aged 86. Hill opened his first store in Whang膩rei in 1979. The chain now has 291 stores in New Zealand, Australia and Canada.

Michael Hill鈥檚 share price was down 1.12% to 44c in trading this afternoon.

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