Woolworths CEO Grant O’Brien to step down as supermarket continues to struggle

O'BrienWoolworths chief executive Grant O’Brien is stepping down from the role as he admitted the recent performance of the retail giant has been “disappointing”.

O’Brien said it was “in the best interests of the company” to leave and let new leadership take the business forward.

His resignation, after 28 years with the company, the last four as CEO, comes just five weeks after he outlined a strategic plan to improve Woolworths’ fortunes.

It is the latest in a series of high profile departures at the supermarket, with chief marketing office Tony Phillips departing last month, with director of customer, brand and format Jess Gill following soon after.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.