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 When to trade in your old car for a new one

You may have noticed that your car isn’t running as smoothly as it used to. This is particularly concerning if you’re hoping to sell it at a reasonable price, and buy yourself a modern alternative.

3 facts to consider when cancelling your contract

If you’ve ever had a relationship end in a bit of a mess, you’ll know that some people are more difficult to break up with than others. The pain, the push back, the back and forth – it can be a difficult process.

How long does debt reflect on your credit score?

If you’ve ever had debt that you didn’t manage well, you may have wondered how long the debt would remain, or be retained, on your credit score. This is known as a “retention period” and it is governed by the law.

Deals

Full Body Massage at Dembalicious Spa

Price: R99
When: Mondays to Sundays
Where: Johannesburg

Two-Course Asian Dining for Two

Price: R269
When: Mondays to Sundays
Where: Cape Town

One-Hour Yacht Cruise with Waterfront Charters

Price: R99
When: Mondays to Sundays
Where: Cape Town


Latest Guide

Guide to debt rehabilitation solutions