Woolworths in leadership limbo

Is there something seriously wrong at Woolworths? Let’s have a look at recent times: Ralph Waters resigns as chairman after the announcement of shocking results and he is replaced by Gordon Cairns. At about the same time Grant O’Brien, MD and CEO, announces his resignation. But he doesn’t leave. He stays on while a replacement is found. And he takes a pay cut of $1.5 million – hardly motivating. Meanwhile Alistair McGeorge, CEO of Big W, resigns amidst some controversy. Penny Winn i

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