| CEO Name | Brad Banducci |
| Nationality | South Africa |
| Net Worth Estimation | $15 million |
Brad Banducci's estimated net worth of around $15 million USD is derived from his accumulated executive salaries, incentives, bonuses, and long-term stock options earned as CEO of Woolworths Group. His wealth reflects both competitive compensation packages typical for ASX-listed company leaders and the company's stock performance during his tenure.
Brad Banducci's estimated net worth is $15 million, placing him in the lower 7.1% of the $10 million-$80 million net worth range among retail CEOs. This indicates his net worth is 6.25% above the minimum but 81.25% below the maximum in this category.
Business Category: Retail
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 80000000 USD
Brad Banducci Performance in Woolworths Group
Brad Banducci, CEO of Woolworths Group, demonstrates strategic leadership emphasizing innovation and customer-centric decision-making. Under his guidance, Woolworths has improved operational efficiency and expanded digital capabilities, driving consistent financial performance. His impact includes strengthening market position and fostering sustainable growth in Australia's retail sector.
Latest News
Woolworths Group Leadership and Current Business Update
Amanda Bardwell became CEO of Woolworths Group in September 2024, succeeding Brad Banducci who stepped down after nearly 8.5 years as CEO amid pressures over pricing and strategic challenges. Under Bardwell's leadership, Woolworths reported a 2.7% sales increase in Q1 FY26, driven by strong e-commerce growth, while aiming to rebuild momentum and improve customer value and convenience. The company remains cautiously optimistic about the key trading quarter with ongoing strategic actions expected to yield long-term benefits.
Source: http://retailworldmagazine.com.au/woolworths-turnaround-to-take-time/