Tag Archives: Gordon Cairns

Woolies CEO and Chairman acknowledge responsibility for underpayments

Woolworths Group CEO Brad Banducci and Woolworths Group Chairman Gordon Cairns have acknowledged their leadership responsibility for the payment shortfalls to salaried team members. “I have made the personal decision to forgo my F20 short-term bonus because I believe it is the right thing for me to do as CEO,” …

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Woolies sells fuel network, scales down BIG W

Woolworths has completed the sale of its petrol business to EG Group and will return the proceeds via a buyback. The buyback will be off market and return $1.7 billion to shareholders, Woolworths says. The offer period will open on April 16. Shareholder value Woolworths Group Chair Gordon Cairns says …

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