Homebase's new owner Wesfarmers has culled a large proportion of the retailer's management team, according to reports.
According to Retail Week, a number of directors were removed from their roles at Homebase following Wesfarmers' £340m takeover of the business on Monday. According to reports, people leaving the business include managing director Echo Lu, commercial director Paul Emslie, retails operations director Ewan McMahon and marketing director Chris McDonough.

A representative for Wesfarmers said that the company was not commenting on the departures, but did release a statement regarding a new management structure following the completion of the Homebase purchase.

"A new management structure will be put in place at Bunnings to drive continued strong performance in the existing operations and effectively implement the Homebase acquisition plans," it said.

The management structure statement confirms John Gillam as chief executive officer of Bunnings, with management teams established in the two distinct operational regions (being the UK/Ireland and Australia/New Zealand).

In the UK the managing director of Bunnings will be Peter "PJ" Davis, and finance director will be Rodney Boys.

A representative from Home Retail Group declined to comment on the story.