The job of restoring profit growth at Endeavour Group will fall to a new chief executive after Steve Donohue decided to leave the top job at the Dan Murphy’s and BWS owner, which is battling softening liquor sales and a share price under pressure.
Mr Donohue has been chief executive for the past six years of the 30 he has spent with the group. He has overseen major milestones including Endeavour’s separation from Woolworths in 2021 and became a standalone ASX-listed company.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com