Woolworths Group Management

Management criteria checks 3/4

Woolworths Group's CEO is Brad Banducci, appointed in Feb 2016, has a tenure of 8.33 years. total yearly compensation is A$7.71M, comprised of 33.2% salary and 66.8% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth A$9.60M. The average tenure of the management team and the board of directors is 6.6 years and 5.1 years respectively.

Key information

Brad Banducci

Chief executive officer

AU$7.7m

Total compensation

CEO salary percentage	33.2%
CEO tenure	8.3yrs
CEO ownership	0.02%
Management average tenure	6.6yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brad Banducci's remuneration changed compared to Woolworths Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$8m
Sep 30 2023	n/a	n/a	AU$805m
Jun 25 2023	AU$8m	AU$3m	AU$2b
Jan 01 2023	n/a	n/a	AU$2b
Oct 01 2022	n/a	n/a	AU$2b
Jun 26 2022	AU$8m	AU$3m	AU$2b
Jan 02 2022	n/a	n/a	AU$1b
Oct 02 2021	n/a	n/a	AU$1b
Jun 27 2021	AU$8m	AU$3m	AU$2b
Jan 03 2021	n/a	n/a	AU$818m
Oct 03 2020	n/a	n/a	AU$856m
Jun 28 2020	AU$6m	AU$3m	AU$894m
Mar 28 2020	n/a	n/a	AU$1b
Jan 05 2020	n/a	n/a	AU$1b
Oct 05 2019	n/a	n/a	AU$1b
Jun 30 2019	AU$8m	AU$3m	AU$1b
Mar 31 2019	n/a	n/a	AU$2b
Dec 30 2018	n/a	n/a	AU$2b
Sep 30 2018	n/a	n/a	AU$2b
Jun 24 2018	AU$8m	AU$3m	AU$2b
Dec 31 2017	n/a	n/a	AU$2b
Sep 30 2017	n/a	n/a	AU$1b
Jun 25 2017	AU$6m	AU$3m	AU$1b

Compensation vs Market: Brad's total compensation ($USD5.10M) is about average for companies of similar size in the Australian market ($USD4.17M).

Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.

CEO

Brad Banducci

8.3yrs

Tenure

AU$7,711,495

Compensation

Mr. Bradford Leon Banducci, also known as Brad, BComm (Acc), LLB, MBA, has been the Chief Executive Officer and Managing Director at Woolworths Group Limited since February 26, 2016. He serves as the Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bradford Banducci	MD, CEO & Executive Director	8.3yrs	AU$7.71m	0.024% A$ 9.6m
Stephen Harrison	Chief Financial Officer	4.8yrs	AU$2.73m	0.0028% A$ 1.1m
Natalie Davis	Managing Director of Supermarkets	7.1yrs	AU$2.97m	0.010% A$ 4.1m
Amanda Bardwell	Managing Director of WooliesX	7.1yrs	AU$3.09m	0.0012% A$ 477.5k
John Hunt	Chief Information & Replenishment Officer	7.4yrs	no data	no data
Paul van Meurs	Head of Investor Relations	no data	no data	no data
Bill Reid	Chief Legal Officer	4.7yrs	no data	no data
Andrew Hicks	Chief Marketing Officer	5yrs	no data	no data
Caryn Katsikogianis	Chief People Officer	7.6yrs	no data	no data
David Walker	Chief Risk Officer	3.6yrs	no data	no data
Christian Bennett	Chief Reputation Officer	6.6yrs	no data	no data
Von Ingram	Managing Director of W Living	5.9yrs	no data	no data

6.6yrs

Average Tenure

Experienced Management: WOW's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bradford Banducci	MD, CEO & Executive Director	8.3yrs	AU$7.71m	0.024% A$ 9.6m
Philip Chronican	Independent Non-Executive Director	2.7yrs	AU$378.94k	0.00098% A$ 390.0k
Holly Kramer	Independent Non-Executive Director	8.3yrs	AU$356.39k	0.0015% A$ 608.9k
Kathryn Tesija	Independent Non-Executive Director	8.1yrs	AU$382.13k	0.00074% A$ 294.5k
Scott Perkins	Independent Non-Executive Chairman	9.8yrs	AU$688.15k	0.0038% A$ 1.5m
Warwick Bray	Independent Non-Executive Director	1.3yrs	AU$107.89k	0.000070% A$ 27.9k
Tracey Fellows	Independent Non-Executive Director	1.3yrs	AU$97.09k	0.00024% A$ 95.5k
Jennifer Carr-Smith	Independent Non-Executive Director	5.1yrs	AU$362.13k	no data
Maxine Brenner	Independent Non-Executive Director	3.5yrs	AU$378.50k	0.00055% A$ 218.9k

5.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: WOW's board of directors are considered experienced (5.1 years average tenure).

Woolworths Group Management

Management criteria checks 3/4

Key information

Recent management updates

Woolworths Group Announces Executive Changes

Woolworths Group Limited, Annual General Meeting, Oct 26, 2023

Woolworths Group Limited, Annual General Meeting, Oct 26, 2023

Woolworths Group Limited Announces Board Appointments, Effective 1 March 2023

Woolworths Group Limited Announces Board Appointments, Effective 1 March 2023

Woolworths Group Limited Announces Executive Appointments

Recent updates

First half dividend increased to AU$0.47

First half 2024 earnings released: AU$0.64 loss per share (vs AU$0.70 profit in 1H 2023)

Woolworths Group Announces Executive Changes

Woolworths Group Limited Provides Earnings Guidance for the Full Year Ended December 31, 2023 and for the First Half of Fiscal Year 2024

Woolworths Group Limited Declares Fully Franked Final Dividend for the Six Months Ended June 25, 2023, Payable on September 27, 2023

Full year 2023 earnings released: EPS: AU$1.33 (vs AU$1.27 in FY 2022)

Woolworths Group Limited to Report First Half, 2024 Results on Feb 21, 2024

Woolworths Group Limited, Annual General Meeting, Oct 26, 2023

Woolworths Group Limited, Annual General Meeting, Oct 26, 2023

First half 2023 earnings released: EPS: AU$0.67 (vs AU$0.55 in 1H 2022)

Woolworths Group Limited Announces Board Appointments, Effective 1 March 2023

Woolworths Group Limited Announces Board Appointments, Effective 1 March 2023

Woolworths Group Limited (ASX:WOW) entered into an agreement to acquire to acquire 55% stake in Petspiration Group for approximately AUD 1.2 billion.

Now 21% undervalued after recent price drop

Woolworths Group Limited Announces Executive Appointments

MD, CEO & Executive Director recently sold AU$8.5m worth of stock

Full year 2022 earnings released: EPS: AU$1.27 (vs AU$1.23 in FY 2021)

Woolworths Group Limited Announces Ordinary Fully Paid Distribution for the Six Months Ended June 26, 2022, Payable on September 27, 2022

Woolworths Group Announces Resignation of Claire Peters, Managing Director B2B & Everyday Needs

Woolworths Group Limited to Report First Half, 2023 Results on Feb 22, 2023

Woolworths Group Limited (ASX:WOW) agreed to acquire a 80% stake in MyDeal.com.au Limited (ASX:MYD) from Sean Senvirtne for approximately AUD 220 million.

Woolworths Group Limited (ASX:WOW) agreed to acquire a 80% stake in MyDeal.com.au Limited (ASX:MYD) for approximately AUD 220 million .

Woolworths Group Limited, Annual General Meeting, Oct 26, 2022

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Woolworths Group Limited Declares Dividend for the Six Months Ended February 2, 2022, Payable on April 13, 2022

Woolworths Group Limited (ASX:WOW) made a non-binding proposal to acquire Australian Pharmaceutical Industries Limited (ASX:API) for approximately AUD 860 million.

Woolworths Group Limited (ASX:WOW) announces an Equity Buyback for AUD 2,000 million worth of its shares.

Charter Hall Retail Real Estate Investment Trust (ASX:CQR) agreed to acquire Butler Central Shopping Centre in Butler from Woolworths Group Limited (ASX:WOW) for AUD 51.2 million.

Woolworths Group Limited (ASX:WOW) completed the acquisition of additional 28% stake in The Quantium Group Pty Lmited.

First half 2021 earnings released: EPS AU$0.91 (vs AU$0.71 in 1H 2020)

Revenue misses expectations

New 90-day high: AU$40.68

New 90-day high: AU$40.01

MD, CEO & Executive Director recently sold AU$2.0m worth of stock

New 90-day high: AU$39.79

Woolworths Group Limited Appointment of Maxine Brenner as Non-Executive Director

Woolworths Group Limited Announces Changes of Company Secretary

Woolworths Group Limited Announces Cessation of Jillian Broadbent Ac as Director

Woolworths Group Limited Announces Executive Changes

Shopping Centres Australasia Property Group (ASX:SCP) completed the acquisition of The Bakewell Shopping Centre in Palmerston from Woolworths Group Limited (ASX:WOW).

United Star Supermarkets Ltd. signed a heads of agreement to acquire Australian Independent Wholesalers Pty Ltd. from Woolworths Ltd.

Earnings released

Woolworths Group Limited to Report First Half, 2021 Results on Feb 24, 2021

New 90-day high - AU$40.67

Woolworths Group Limited (ASX:WOW) agreed to acquire 65% stake in PFD Food Services Pty Ltd. from Smith family for approximately AUD 300 million.

Home Consortium Limited (ASX:HMC) completed the acquisition of 100% freehold interest in Prestons Place and Rosenthal Shopping Centre and 87.4% freehold interest in Vincentia Marketplace from Woolworths Group Limited (ASX:WOW).

New 90-day high - AU$39.29

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age