Key takeaway: Chief executive Brad Banducci is leaving the company after 13 years with the supermarket group.
Shares in Australia's biggest supermarket chain slumped almost 9% today after the chief executive announced his departure and the company's profit figures included a massive write-off for the New Zealand business.
Woolworths shares were down 8.9% to A$32.68 by the early afternoon on the ASX and were
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
