Michael Luscombe
Encyclopedia
Michael Luscombe is an Australian businessman. He is the former CEO and Managing Director of Woolworths Limited
Woolworths Limited
Woolworths Limited is a major Australian company with extensive retail interest throughout Australia and New Zealand. It is the:* largest retail company in Australia and New Zealand by market capitalisation and sales...

, the largest retail company in Australia.

Early life

Luscombe was educated at De La Salle College, Malvern and Monash University
Monash University
Monash University is a public university based in Melbourne, Victoria. It was founded in 1958 and is the second oldest university in the state. Monash is a member of Australia's Group of Eight and the ASAIHL....

. He graduated with a Bachelor of Economics in 1978.

Professional career

Luscombe began working for Woolworths in 1978 as a graduate trainee in the company's store at Mt. Buller in Victoria. He progressed through the company gradually, and became Victorian operations manager in 1990. In 1991, he became national manager for banking at ANZ. In 2004, he was appointed director of supermarkets and oversaw the company's takeover of more than 150 new stores.

In October 2006, Luscombe was announced as the new CEO of Woolworths Ltd.

Luscombe has faced pressure from Australia's consumer watchdog, the ACCC
ACCC
ACCC may refer to:In Education:* Association of Canadian Community Colleges, a national association formed in 1972 to represent the interests of its member institutions to government and industry....

, over its practice of using planning laws to object to the construction of supermarkets by its competitors.

On 4 April 2011, Michael Luscombe announced that he would be retiring as CEO of Woolworths Ltd in October.
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