Woolworths loses another executive
WOOLWORTHS’ senior management ranks have taken yet another hit with the abrupt departure of Big W head Alistair McGeorge.
Mr McGeorge, who was appointed managing director of the struggling discount department store chain last June, resigned yesterday for “health reasons”.
Woolworths, Big W’s parent group, also revealed yesterday that Mr McGeorge had also been the subject of a com- plaint about his behaviour.
“The behaviour was verbal in nature,” the group said in a statement.
“This complaint has been investigated and finalised and for legal reasons we are unable to make any further comment on this matter.”
Woolworths retail services director Penny Winn will act as managing director of Big W while a recruitment search is carried out.
Mr McGeorge’s hasty departure comes just two months after Woolworths group chief executive Grant O’Brien announced he would step down once a replacement could be found.
Mr O’Brien’s decision came on the back of disappointing profit result and the revelation the company was cutting 1200 jobs.
Supermarkets head Tjeerd Jegen resigned in February, while supermarkets finance director Martyn Roberts and chief marketing officer Tony Phillips were among other key executives to leave the group this year.