Woolworths to appoint new director

Woolworths Ltd this week announced its intention to appoint former Best & Less CEO Holly Kramer as a non-executive director.

Ms Kramer has agreed to join the board in the first half of 2016. She is currently serving as a non-executive director of Nine Entertainment Corporation, Australia Post and AMP Ltd.

As apparel retailer Best & Less CEO, she was responsible for transforming the business and returning it to growth and profitability. Before this position, she held executive roles at Pacific Brands and Telstra.

Ms Kramer has a BA with honours in economics and political science and an MBA from, respectively, Yale and Georgetown universities in the US.