Woolworths CEO to retire in September

Brad Banducci will be succeeded by Amanda Bardwell.

Woolworths Group Managing Director and Group CEO Brad Banducci announced that he will retire from his post, effective September 2024.

Banducci spent 13 years with the company, 8.5 years of which were as Group CEO.

“Brand has led a remarkable turnaround and transformation of the Group. He has engendered a Customer 1st Team 1st culture, worked to strengthen existing businesses and build digital, e-commerce and analytics capabilities that are seen by our peers as world-leading,” Woolworths Group Chair Scott Perkins said.

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In a disclosure, the company added that Amanda Bardwell will assume Banducci’s post upon his retirement.

Banducci has almost 30 years of experience in retail and spent 23 years of which with Woolworths Group. She also served as head of marketing for Woolworths Supermarkets.

Bardwell contributed to various business transformations and helped develop the group’s growth in e-commerce and loyalty.