tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Woolworths Group Strengthens Board with Silicon Valley Technologist as Director Retires

Story Highlights
  • Woolworths Group appoints tech veteran Jon Alferness as non-executive director, effective March 2026.
  • Board refresh boosts Woolworths’ digital and e-commerce expertise as Tracey Fellows retires from the board.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Woolworths Group Strengthens Board with Silicon Valley Technologist as Director Retires

Claim 50% Off TipRanks Premium

Woolworths Group Ltd ( (AU:WOW) ) has issued an announcement.

Woolworths Group has announced the appointment of Jon Alferness as a non-executive director to its board effective 1 March 2026, pending licensing approvals, coinciding with the retirement of current director Tracey Fellows on the same date. Alferness brings more than two decades of technology and product leadership experience from roles at Walmart, Google and Lyft, including as Executive Vice President and Chief Product Officer for Walmart US, where he led integration of advanced digital capabilities across e-commerce, financial services, health, and last-mile delivery. His background in shaping Google Ads across search, mobile, shopping and travel, along with experience in digital transport, payments and digital finance, is expected to bolster Woolworths’ board expertise in digital, media and e-commerce as the food and grocery sector undergoes rapid technological transformation. Chair Scott Perkins highlighted that Alferness’ appointment positions the group to better navigate evolving customer expectations and industry shifts, while expressing appreciation for Fellows’ contributions in digital and member platforms during her board tenure. Alferness will stand for election at Woolworths Group’s 2026 Annual General Meeting.

The most recent analyst rating on (AU:WOW) stock is a Buy with a A$37.00 price target. To see the full list of analyst forecasts on Woolworths Group Ltd stock, see the AU:WOW Stock Forecast page.

More about Woolworths Group Ltd

Woolworths Group Limited is a major Australian retail group headquartered in Bella Vista, NSW, with a core focus on food and grocery retailing and related consumer services. The company operates extensive supermarket and convenience store networks and continues to deepen its capabilities in digital, e-commerce and data-led retail across the Australian market and broader global food and grocery value chain.

Average Trading Volume: 2,521,591

Technical Sentiment Signal: Buy

Current Market Cap: A$36.96B

See more insights into WOW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1