Woolworths CEO, Grant O’Brien, will retire from his position this year after the supermarket giant downgraded its profit guidance. He will be handsomely compensated by a package of around $10,8 million as he has configured his departure to tie-in with full pension benefits. O’Brien said he was stepping down after less than four years in his position at the helm (28 years at Woolworths in total) following a “disappointing” performance from the retailer, which is under pressure from rival
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