Woolworths names new MD, shakes up liquor and food division

Sarah Homewood
By Sarah Homewood | 27 February 2015

Woolworths has announced a raft of changes to its food and liquor divisions with the group appointing a new leadership team and naming a new managing director.

Director of liquor - Woolworths Liquor Group, Brad Banducci, will step into the role of managing director, Australian Supermarkets and Petrol, with previous MD Tjeerd Jegen resigning after almost four years in the role.

In a statement released to the ASX this morning Woolworths CEO Grant O’Brien said: “Our liquor business is the undisputed market leader and the best example of innovation in Australian retail, and Brad Banducci and his team have furthered that success.

“Brad will continue to have responsibility for Woolworths Liquor Group until a new appointment has been made."

Martin Smith, general manager of Dan Murphy’s, will act as director of the Woolworths Liquor Group to provide
additional support to Banducci.

Dave Chambers has been appointed director, Woolworths Supermarkets, reporting to Banducci. Chambers has been
the managing director of Progressive Enterprises in New Zealand for the last four years.

“This change places our best talent to lead our biggest businesses. Together, Brad and Dave bring the right
mix of experience and the ability to create a winning operating culture," O’Brien said.

Steve Donohue has been appointed acting managing director, Progressive Enterprises until a new appointment has been made.

"I want to thank Tjeerd for his passion and dedication to Woolworths since he joined in 2011,” O’Brien said.

Jegen said: “After almost four years in Australia and 15 years away from my home country of the Netherlands, I will be returning to Europe.

"I would like to thank the Australian Supermarkets and Petrol team for the last four years and would like to wish Brad and Dave all the best in their new roles."

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