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Banking and Finance

Woolworths CEO Brad Banducci Resigns Amid Political Scrutiny

Woolworths' long-serving Chief Executive, Brad Banducci, has unexpectedly tendered his resignation after nearly nine years at the helm of Australia's largest supermarket chain. Banducci's departure comes amidst a tumultuous period for Woolworths, embroiled in parliamentary inquiries and a pricing probe by the competition regulator, investigating allegations of market dominance and...
Money and WealthSuccess and Leadership

Compensation of Jane Fraser, Citigroup’s CEO, Surges by 6% at $26 Million Amidst Company Overhaul

In the latest disclosure to the Securities and Exchange Commission (SEC), it has been revealed that Citigroup's Chief Executive Officer, Jane Fraser, saw a remarkable 6% increase in her compensation package for the fiscal year 2023. The reported figure stands at a substantial $26 million, primarily composed of performance-based stocks...
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