THE DISTILLERY: Woolworths winner

Jotters outline why Grant O'Brien has overseen a spike in Woolworths' stock, but for some the praise is qualified.

Woolworths chief executive Grant O’Brien has been in the top job for about a year now and the company’s share price is up 19 per cent against an 8 per cent increase in the benchmark index. Nice one! While the progress that O’Brien has made in reshaping Woolworths amid leaner retail conditions, two commentators explain why O’Brien still has some convincing to do. Although both point out that times are lean and it’s still early days in his tenure at Woolies.

Also this morning, another top company boss, Ten Network’s chief James Wharburton, has one hell of a task ahead of him, a Fairfax columnist explains why. Elsewhere, some innovative economists win some high praise.


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