Market Alert : Macro And Geopolitical Risks Resurface; Conservative Positioning Advised

Woolworths Group Strengthens Board with Digital Leadership Appointment

Woolworths Group (ASX: WOW) has announced changes to its Board aimed at strengthening its digital and technology expertise. Jon Alferness will join the Board as a non-executive director effective 1 March 2026, subject to regulatory approvals, while existing director Tracey Fellows will retire on the same date. Alferness brings more than two decades of global experience across technology, product development, and retail, with senior leadership roles at Walmart, Google, and Lyft. Most recently, he held the role of Executive Vice President and Chief Product Officer at Walmart US, overseeing key areas including eCommerce, digital platforms, financial services, and last-mile delivery, while embedding advanced digital solutions across core retail operations. His earlier tenure at Google included a key role in expanding Google Ads across multiple platforms. The Chair highlighted that Alferness’ deep expertise in digital, media, and eCommerce will support Woolworths’ strategic priorities amid rapid industry change. Fellows was acknowledged for her valuable contributions, particularly in digital and member platforms, during her tenure 

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au