These invested in Woolworths Group Ltd (ASX: WOW) shares may be to study one of many firm’s executives is leaving their place for a management position at Amazon.

Woolworths managing director of B2B and On a regular basis Wants, Claire Peters, will take up a brand new place as vp worldwide at Amazon Contemporary, the retail big’s grocery leg, subsequent 12 months.

Let’s take a more in-depth have a look at the upper-management shakeup quickly to be skilled by the S&P/ASX 200 Index (ASX: XJO) grocery store big.

Woolworths shares are at the moment buying and selling flat at $39.40 apiece.

Key Woolworths government to step down

One of many high jobs at Woolworths is ready to be vacated in 2023 after Peters agreed to pack up and transfer to Seattle for a management place at Amazon Contemporary.

Peters has been with the Aussie grocery store operator since 2017, when she took up the position of managing director of Woolworths supermarkets. She was appointed to her present position in 2020.

Woolworths CEO Brad Banducci commented on Peters’ resignation, saying:

Claire has performed a key position in remodeling Woolworths Supermarkets and constructing the foundations of B2B and On a regular basis Wants.

In her 5 years with the corporate, Peters noticed the transformation of Huge W, the institution of the corporate’s meat enterprise Greenstock, and the development of partnerships corresponding to these with Endeavour Group Ltd (ASX: EDV), PFD Meals Companies, and Ampol Ltd (ASX: ALD).

Peters’ determination to leap ship could have come right down to her potential future on the grocery store big, the place she won’t have been in a position to rise to the helm, a supply reportedly steered to the Australian Monetary Overview.

Banducci continued:

The most important imprint Claire will depart on our enterprise is her look after workforce and communities, on present within the management position she performed throughout the repeated waves of COVID, and her purposeful work on reconciliation with the assist of the First Nations Advisory Board.

Woolworths share worth snapshot

It’s been an honest 12 months to date for the Woolworths share worth.

The ASX defensive inventory has gained 2% because the begin of 2022. Although, it’s at the moment buying and selling 5% decrease than it was this time final 12 months.

For comparability, the ASX 200 has dumped 6% 12 months thus far and has fallen 5% over the past 12 months.