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16 May 2024 13:28
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      Home > News > Business

    Woolworths Group CEO Brad Banducci is retiring after eight years heading the company for New Zealand and Australia

    Woolworths Group CEO Brad Banducci is retiring after eight years heading the company for New Zealand and Australia


    The supermarket giant has recorded a 781-million-Australian-dollar loss, and faces allegations of price gouging and unfair practices with suppliers.

    Banducci walked out of and interview with ABC this week - over the claims.

    He will be succeeded by Amanda Bardwell in September -- currently the managing director of Woolworths subdivision WooliesX.

    © 2024 Newstalk ZB, NZCity

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     16 May: Regional New Zealand is facing challenging times as local economies slow
     16 May: A new report shows the poor economic climate continues to make life difficult for regional economies
     15 May: A retail group says Foodstuffs' sudden crime spike is being felt throughout the sector
     15 May: Surprise over the number of Kiwis moving abroad
     15 May: Retail spending continues to fall as the economy weakens
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    BUSINESS BUSINESS
    Fonterra's CEO says the co-op has a number of options, for spending an upcoming cash-windfall More...


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