Sky Information Enterprise Editor Ross Greenwood says Woolworths CEO Brad Banducci had a “mind fade” in his interview with the ABC’s 4 Corners.
“Why he did this interview – when he has knocked again nearly each different request not too long ago – suggests poor judgement,” Mr Greenwood stated.
“To think about he might ask for one thing to be omitted, then to stroll out was, at its greatest, naive – even perhaps at worst, a mirrored image of conceitedness.”
As Banducci introduced his departure, to get replaced by WooliesX head Amanda Bardwell, Woolworths tried to convey calm and organisation.
Woolworths shares have been smashed after the information of Banducci’s shock resignation, ending the day down 6.61 per cent.