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WHL - Woolworths Holdings Limited - Management changes at Woolworths

Release Date: 04/03/2010 07:05
Code(s): WHL
Wrap Text

WHL - Woolworths Holdings Limited - Management changes at Woolworths Woolworths Holdings Limited (Incorporated in the Republic of South Africa) Registration number 1929/001986/06 Share code: WHL ISIN: ZAE000063863 ("Woolworths") MANAGEMENT CHANGES AT WOOLWORTHS Woolworths has announced changes to its senior management structure. "Ian Moir has been with us for a month and has put together a structure which leads naturally to his position as my successor in November 2010. I believe this structure has real merit in enabling Woolworths to continue delivering its strategies even more effectively" said Simon Susman. Zyda Rylands will assume the responsibility of Managing director: Foods. This is a new position and Ms Rylands will report to Ian Moir, Managing director: Retail and CEO elect while retaining her position on the Board of Woolworths Holdings Limited.Julian Novak will take on a senior position in the foods team. The divisional directors reporting to Ian Moir are as follows: Clothing and general merchandise: Brett Kaplan. Clothing and general merchandising planning: Paula Disberry. Supply chain and Information Technology: Fawza Essa. Retail operations: Andrew Levermore. Human Resources: Matt Keogh. Marketing: Charmaine Huet. Ian Moir said, "These changes will drive a more focussed business with simpler structures, less complexity and faster decision making. It will assist us to improve execution of the Woolworths strategy. This is a strong and experienced team that will be focused on delivery." Contact: Simon Susman (Chief executive officer) on 021 407 2700 Cherrie Lowe (Group secretary) on 021 407 3160 Cape Town 4 March 2010 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 04/03/2010 07:05:11 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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