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, 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

Pampers & Pick n Pay raise R1m for South African newborns
22/06/2018 - 13:33
Brand of baby nappies, Pampers has partnered with South Africa’s largest Supermarket Chain, Pick n Pay to help raise R1 million to support The United Nations Children's Funds (UNICEF’s) First 1000 Days initiative.

Google buys £414m stake in JD.com
22/06/2018 - 11:19
China’s largest retailer JD.com has launched a $550 million (£414 million) partnership with Google which will see the former sell products through Google Shipping across the world.

MySchool MyVillage MyPlanet wins big at the Loyalty Magazine Awards in London
21/06/2018 - 15:14
MySchool MyVillage MyPlanet scooped three major awards at the Loyalty Magazine Awards held in London recently. The fundraising programme was awarded Best CSR Initiative Linked to Loyalty, Best Long-Term Loyalty Programme and also received the prestigious Regional Loyalty Champions of the Year for Middle East & Africa award.

Online shopping grows in SA
21/06/2018 - 10:21
Although traditional retail stores dominate the South African market, consumers are choosing the online option for cheaper technical goods purchases.

Higher taxes take a toll as retail index slumps to a three-month low
21/06/2018 - 08:53
The JSE’s general retail index, which includes the likes of Woolworths and Mr Price, has posted its worst rolling three-month period since the end of 2013, as depressed consumer confidence and a brewing US-China trade war ruin projections of a significant uptick in consumer spending.