Brad Banducci checks out from Woolworths, signalling a business out-of-touch with its customers
- Written by Peter Roberts, Lecturer, School of the Arts and Media, UNSW Sydney
The head of Australia’s biggest supermarket chain is to step down. On the face of it, this is not altogether remarkable news. Australian CEOs hold their jobs, on average, for about five years.
Woolworth’s chief executive Brad Banducci has done nearly nine years at the helm, which is worthy of attention because it’s Woolworths. The...