Woolworths appoints new CEO

By Staff Writer
Woolworths Holding Limited has appointed Zyda Rylands (pictured) as the new CEO of Woolworths South Africa, responsible for the company’s entire food and clothing business across South Africa and Africa.
 
Rylands said: “I am incredibly excited by this opportunity. Our strategy is clear in South Africa and Africa and I am very much looking forward to leading such an amazing brand and talented group of people.”
 
“Zyda is a talented and inspirational retailer and leader and has delivered consistently strong results as managing director of our foods business – growing both market share and margin whilst understanding and anticipating our customers’ needs,” said Ian Moir, Woolworths Holding Limited Group CEO.
 
Prior to her appointment as the CEO of Woolworths South Africa, Rylands worked in the finance, human resources and operations departments during her 20 years with the company.
 
Rylands was previously in the role of foods managing director, during which time Woolworths Foods experienced an “83% growth in turnover as well as a 240% growth in profit.”
 
Last week, Woolworths announced that it will be removing all sweets and chocolates from its checkout aisles. However, a timeline for this change has not yet been provided. (Click here to read more)

Recent Articles

Featured Learn how to sidestep these common scams

With the growing number of digital transactions, the possibility of being scammed has increased. We highlight three online scams and provide pointers on how you can protect yourself.

When is it too late to take out life insurance?

We consider life insurance options for middle-aged or older consumers, and alternatives to life cover if you are declined by insurers.

Can your workplace offer you financial assistance?

People facing financial difficulties may turn to their company for assistance. We consider how companies can assist and how employees can access this.

Changing from one medical scheme to another - effortlessly

It’s important to regularly assess your insurances to ensure they offer the best value for money, and are the best fit for your current needs.


Latest Guide

Guide to debt rehabilitation solutions