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AAP
AAP
Business
Bray Boland

Endeavour for new CEO as Donohue departs

It's "the right time" to leave Dan Murphy's and parent company BWS, Steve Donohue says. (Albert Perez/AAP PHOTOS)

Australia's biggest alcohol retailer is on the hunt for a new CEO as 30-year veteran Steve Donohue said it's "the right time" to leave the parent company of Dan Murphy's and BWS. 

Endeavour Group is facing a dwindling stock value and its 2023/24 financial year results showed that although sales has increased, profits had been slashed to service its $1.9 billion debt. 

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