Woolworths announces leadership shake up as part of ‘evolution’

Woolworths Group has announced a sweep of leadership changes, as it transitions into a ‘Food and Everyday Needs Ecosystem’ and focuses on B2B sector.

Among the changes, current Managing Director of Woolworths Supermarkets, Claire Peters, has taken on a new role as Managing Director of B2B and Everyday Needs. Ms Peters will now look after the company’s portfolio businesses Big W, Woolworths International, Wholesale and Property and oversee the recently announced partnership with PFD Food Services. She will also join the Investment Committee of venture capital W23.

The move follows a three year stint overseeing the supermarket arm, and Woolworths Group CEO Brad Banducci said she would lead the next phase of the company’s evolution.

“In her new role, Claire will combine her detailed knowledge of the food and non-food retail environment to lead our important growth adjacencies. These areas of our business are critical to the next phase of our journey and we look forward to the opportunities that Claire and her team will unlock in her new leadership position,” he said.

Managing Director of Woolworths New Zealand, Natalie Davis, has been announced as Ms Peters replacement and will return to Australia next month to take up the position.

The company is expected to announce who will replace Ms Davis in the coming weeks.

Colin Storrie, who was originally to take up the role of Chief Operating Officer and Chief Financial Officer at Endeavour Group, has been names as Managing Director of New Business and Partnerships. It comes the demerger with Endeavour continues to face delays. Mr Storrie played a key role in the PFD partnership and in the new role he will lead the retailer’s mergers and acquisitions.

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