News: WOW Australia's Woolworths Group CEO Brad Banducci to retire, page-14

I am glad that the CEO's is retiring, as I think compared to many of the earlier CEOs he was a long way short of the mark. Woolworths had been spoilt in the past with fantastic leadership, although in the last decade plus there was Masters, selling the liquor business, buying that online biz that got hacked (how ironic).

Woolworths needs a reset to be done and rethink the virtue signalling that annoys us, not because we are right wing extremists, but because we know that while they are worrying about offending 1% of the population with Australia Day merchandise they are not thinking about their real customers.

IMO, the reason why Brad survived 8 years is because the business is so strong and the board is really not clever. A clever board would not care about some pathetic ESG fund complaining about Woolworths selling liquor and owning gaming assets.

My advice to the board, shut that side door for the ESG advisers, kick off those board members that push this pathetic agenda and hang out your sign saying 'OPEN'.