Woolworth's boss Brad Banducci will walk away with estimated $24.4 million payout
The supermarket boss announced he would retire early from the role following a series of PR disasters for the brand.
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The supermarket boss announced he would retire early from the role following a series of PR disasters for the brand.
Australian supermarket Woolworths found itself in the midst of a reputational blitz this week, as CEO Brad Banducci walked out of a major Australian interview when pressed on unfair pricing tactics, then announced his retirement days after.
Woolworths' outgoing CEO Brad Banducci could receive up to $24 million as his "golden handshake" for retiring as CEO.
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Amanda Bardwell replaces humiliated Woolworths CEO Banducci at a time of public scrutiny, price gouging claims and a falling share price.