The board of Woolworths announced today (24 May) that Michael Luscombe has been appointed to succeed Roger Corbett as chief executive officer. Luscombe will assume the position from 1 October. From 1 June he will serve as chief operating officer.
Go deeper with GlobalData
Woolworths chairman James Strong said that Luscombe had risen through the ranks in Woolworths, most recently serving as head of Woolworths’ supermarket division.
“He has progressed from joining as a trainee through store management, training and development, merchandising, and marketing, buying and supply chain management.
“His most recent roles have been in key areas of the business as director of supermarkets, and prior to that in a leadership role in the changes via Project Refresh to establish our international standard new supply chain and inventory management systems,” Strong said.
Strong said Luscombe was a classical example of the Woolworths style: appointed from within, with significant retail experience across a wide spectrum of roles and areas.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataCorbett has served as CEO for the past eight-years. During his tenure, the company’s market value increased from AUD$4bn (US$3.02bn) to AUD$22bn.
