Natalie Davis

Woolworths hunts for new MD as Natalie Davis resigns

Woolworths has announced its Managing Director, Natalie Davis, has resigned to become CEO of Ramsay Health Care.

Joining Woolworth Group in 2015, Davis worked as Director of Customer Transformation for the Australian Food business before becoming the Group’s Chief Transformation Officer. Davis then spent two years as Managing Director of Woolworths New Zealand before taking the Australian role in 2020.

Brad Banducci, CEO of Woolworths Group, thanked Davis and said has played a key role in the transformation of Woolworths Group and Woolworths Supermarkets in Australia and New Zealand.

“For the last four years as Managing Director, Woolworths Supermarkets, Natalie has been a very purposeful leader and championed a number of initiatives that are key to our future but her single biggest achievement has been the immense care she has shown for our Team.”

Incoming CEO Amanda Bardwell also thanked Davis for her contribution to the group over the years and said she while she was disappointed to see Davis leave, wished her all the best with her new opportunity.

“I am confident that the Australian Food business will be in good hands given the strong team we have in place.”

Davis will continue in her role as Managing Director until September, with a search underway for her replacement. Upon her departure, Paul Harker (Chief Commercial Officer, Australian Food) and Jeanette Fenske (Director of Woolworths Stores) will report directly to incoming Woolworths Group CEO Amanda Bardwell on an interim basis.

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