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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
3 mins to read

Woolies boss threatened with prison time

Outgoing CEO Brad Banducci wanted the Senate inquiry into supermarket prices to focus on his preferred financial metrics and refused to talk about return on equity, to the increasing anger of the Senate’s chair.

Outgoing Woolworths CEO Brad Banducci

Dan Purves Tue, 16 Apr 2024

Woolworths CEO Brad Banducci has been threatened with prison time by Supermarkets inquiry chair and Australian Greens senator Nick McKim for not directly answering questions in today’s Senate hearing in Canberra on supermarket prices.

McKim wanted to know about Woolworth’s return on equity, but

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Dan Purves Tue, 16 Apr 2024
Contact the Writer: dpurves@nbr.co.nz
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Woolies boss threatened with prison time
Australia,
103654
true