Woolworths CEO Brad Banducci announces retirement after ABC interview walkout
Woolworths CEO Brad Banducci announces retirement after ABC interview walkout
Brad Banducci's retirement comes as Woolworths faces allegations of price gouging.
Interesting title. Compare it with the ABC's version:
ABC: Woolworths chief executive Brad Banducci announces retirement as company announces $781m loss
The rot has been expunged! Any further price gouging will be a regrettable necessity in the current economy.
sounds of golden parachutes unfurling
fuck him, but also this is blatant PR strategy.
"Oh we've gotten rid of the man at the top, see we're better now! No no, nothing institutional has or will change"
Oh fuck, this is too funny. My wife and I watched the 4 Corners piece last night, and I said that the dumb cunt will probably be made to fall on his sword for being such an inept tool in the interview.
For context, the journo was presenting some observations from Rod Sims, the former head of the ACCC. This dickhead's response was to state that Sims was retired. Which he did... in 2022. Journo's response was on point, about how that didn't invalidate Sims' understanding of consumer law and rights. At which point, Mr Dumbfuck Fuckface got up and walked away.
Funniest shit I've seen in a while!
The sad thing? Because he "voluntarily" retired, I'm fairly certain this incapable moron will still get all his fucking shares and other benefits, as part of his contract.
Fuck Colesworth.
The sad thing? Because he “voluntarily” retired, I’m fairly certain this incapable moron will still get all his fucking shares and other benefits, as part of his contract.
He got paid $7mil last year, his shares etc are irrelevant unfortunately.
I'm sure he will be generously compensated for this performance.
This whole ordeal has been unnerving to Woolworths and they'll likely have to raise prices because of it.
Whoever came up with the idea of putting him In a team member uniform and filming the interview in a supermarket should also "retire". Australians absolutely hate inauthentic behaviour, especially from the wealthy and powerful. Woolworths was never going to soften public opinion with that strategy and should have just gone full corporate damage limitation mode like Coles.
are you kidding? we are pathetically prostrate. Our culture is passive and obedient to a fault, and I mean that last part.
Remember the mining tax? we fucking love deep throating billionaires. Remember the outcry when extinction rebellion did literally anything? we hate authentic behaviour.
A retired old man, just like Rod Sims.
how funny is it that his entire careers legacy was defined in the 2 days before retirement haha.
suck shit to the arrogant peice of shit
Public listing of grocery retail is a key cause of these problems. Listed food has the wrong owners, by virtue of being listed in the first place, and they're pursuing their priorities at the direct expense of shoppers and suppliers.
If you suspect you're being fucked on a favourite purchase category, direct your custom elsewhere (Aldi, Costco, family run) and review your consumption rate. If I see unreasonable price rises, I know I'm buying less as a rule.
retire my arse. he was obliterated by the board over his shit interview. and the loss I guess
TIL Australia’s had a similar issue as the US did with Columbus Day, now often renamed Indigenous Peoples’ Day here.
Fuck around, find out. Good riddance.
I'm eagerly awaiting them to be all in on Australia Day next year 🤣
This interview was deadset one of the absolutely worst interviews you could ever see.