Advertise with fastmoving.co.za
 
 

Following a strategic cost review, the group has taken the decision to simplify its Australian regional leadership structure.
Following a strategic cost review, the group has taken the decision to simplify its Australian regional leadership structure.

Woolworths Australia CEO resigns

INTERNATIONAL NEWS

ENCA - May 22nd 2018, 11:07

South African retail giant Woolworths said that it had discontinued the role of regional chief executive in its Australian operations in a bid to simplify the leadership structure in that country following a strategic cost review. 

As a result, Woolworths said regional chief executive John Dixon would leave the group after he resigned as an executive director of Woolworths Holdings Limited (WHL) with effect from 21 May 2018.

Dixon assumed the role of chief executive for WHL Australasia on 1 September 2017 after joining the group in January 2016 as chief executive of David Jones.

"We would like to thank John for his stewardship of the business over the last two and a half years and wish him every success for the future," Woolworths said.

Last year, Dixon was the group's second-highest paid executive with a remuneration of R23 million after Ian Moir, the group chief executive.

Woolworths said the chief executives of the group's two Australian operating divisions, David Thomas the chief executive of David Jones and Scott Fyfe the chief executive of Country Road Group, would report directly to Moir.
ENCA 

Related News

Woolworths bedeviled by declining sales
18/01/2019 - 10:35
As Woolworths tries to recover from the impairments of A$712.5 million (R7.02 billion) it suffered last year in its Australian subsidiary David Jones, the retailer continued to experience declining sales in the 26 weeks to end December trading period in South Africa.

TFG bucks retail trend over festive season
18/01/2019 - 08:00
Apparel group TFG, which operates the Foschini, American Swiss and Markham chains, has bucked the retail trend and produced solid growth numbers for the festive season.

Edcon gets some breathing space
17/01/2019 - 10:34
Edcon is at a turning point yet again. The retailer — which operates the Edgars, Jet and CNA chain stores — has just wrapped up a deal with 250 stakeholders, including its shareholders and landlords, in a bid to keep its doors open.

M&S confirms more store closures
17/01/2019 - 08:41
Marks & Spencer confirmed the location of the next batch of stores it plans to close as part of its restructuring plans.

Black Friday boosts November’s retail sales
16/01/2019 - 14:12
Consumers came under pressure in 2018, with the first VAT hike in two decades and steep fuel price increases.