Fin24 reports that Woolworths will no longer have a CEO for its SA operations, with the current person in the role, Zyda Rylands, stepping down after leading the division for six years.
The retailer announced on Monday that Rylands was leaving her role as Woolworth SA (WSA) CEO and as executive director of Woolworths Holdings Limited due to "personal circumstances". It indicated further that: "The group has reviewed its leadership structure for WSA and will not retain the WSA CEO role as it seeks to streamline its operating model.” The retailer added the Rylands agreed to defer her planned early retirement to remain with the group until 2024 and that for the remainder of her tenure “she will focus her energies and her passion on leading the WSA Foods business, which she has been instrumental in growing and positioning as an industry-leading, food retailer." Rylands has been widely credited with the success of the company’s food business, which competes with the likes of Shoprite’s Checkers in the high-end of the consumer market.
- Read the full original of the report in the above regard compiled by Ahmed Areff at Fin24
- Read too, Woolies SA CEO calls it a day after nearly six years at helm, at BusinessLive
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