NewsBite

Chanticleer

Chanticleer

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.

Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

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.

Loading...
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

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Retail

Fetching latest articles

Most Viewed In Chanticleer

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