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Banducci’s last Woolies profit is his worst misstep and finest moment

CEO Brad Banducci leaves the retail giant in a difficult spot. But the strategic decisions he’s made can drive the group’s turnaround.

Brad Banducci is built differently. When the board of Woolworths asked the retiring chief executive what he’d like as a farewell gift, he asked to spend a few weeks working on the shop floor.

So, after handing over to his successor Amanda Bardwell on Monday, and accompanying her on an investor roadshow next week, Banducci will head to western Sydney to work the checkouts, pack the shelves and make home deliveries.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/banducci-s-last-woolies-profit-is-his-worst-misstep-and-finest-moment-20240828-p5k5zw