<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Woolworths' former chief executive Brad Banducci has landed a new role working for Ticketek's parent company TEG. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>TEG's former chief executive Geoff Jones has been promoted to chairman after 14 years, and Banducci has been appointed the new chief executive.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"I am delighted to pass the baton to Brad, whose proven track record makes him the ideal leader to guide TEG into its next phase," Jones said in a statement.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE: </span></strong><a href="https://www.9news.com.au/national/five-charges-dropped-against-tax-office-whistleblower/202ecf68-8f1a-4dea-b847-c00b542428f2" rel="" target="_blank" title=""><strong><span>Five charges dropped against tax office whistleblower</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Banducci said he looked forward to delivering "exceptional live experiences for all of our customers and stakeholders".</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"I am honoured to join TEG at this exciting time in its journey," he said in a statement.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"In this new role, I am following both a personal passion for live events and a strong belief in the increasing importance of live experiences in general."</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/former-woolworths-ceo-brad-banducci-lands-new-role-at-ticketek-parent-company-teg/cfcbf30a-6100-426a-86ed-dc56bd2cfe5b" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Banducci announced he was stepping down after eight years as Woolworths chief executive on February 21, 2024 — the same day the group posted a $781 million half-yearly loss — and officially retired by September.</span></div></div><div class="styles__Wrapper-sc-2o34ro-0 cmwkBV"><div class="styles__Column-sc-2o34ro-3 jJDKrX"><a href="/content/2024/03/07/11/17/most-trusted-distrusted-brands-australia-bunnings-woolworths-coles-aldi-optus-telstra-qantas-ranked-roy-morgan"><img alt="" sizes="(min-width: 1024px) 636px, (min-width: 768px) 396px, 100vw" src="https://imageresizer.static9.net.au/VwffSMGre3GclInsolc6u8zcUac=/396x223/https%3A%2F%2Fprod.static9.net.au%2Ffs%2F381e6429-1606-4bc7-aacf-f88d40801f90" srcset="https://imageresizer.static9.net.au/VwffSMGre3GclInsolc6u8zcUac=/396x223/https%3A%2F%2Fprod.static9.net.au%2Ffs%2F381e6429-1606-4bc7-aacf-f88d40801f90 396w, https://imageresizer.static9.net.au/HAI3XibI31uTFMzzitiy8ZJcvh8=/636x358/https%3A%2F%2Fprod.static9.net.au%2Ffs%2F381e6429-1606-4bc7-aacf-f88d40801f90 636w"/></a></div><div class="styles__Column-sc-2o34ro-3 jJDKrX"><div class="styles__Headline-sc-2o34ro-4 hpbOlz">Huge name new arrival among Australia's most distrusted brands</div><div class="styles__Button-sc-2o34ro-1 eBjlmW"><a class="styles__ButtonLink-sc-2o34ro-2 hqpklJ" href="/content/2024/03/07/11/17/most-trusted-distrusted-brands-australia-bunnings-woolworths-coles-aldi-optus-telstra-qantas-ranked-roy-morgan">View Gallery</a></div></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>His resignation also came days after he temporarily stormed out of an ABC </span><em><span>Four Corners </span></em><span>interview and about a month after the federal government instructed the ACCC to launch an inquiry into the supermarket sector to examine pricing practices.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Banducci had been with the Woolworths Group for 13 years, first as a managing director of liquor in 2011 and working his way up to chief executive in 2016.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He will begin his new role as TEG chief executive on March 31.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. 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