Reeza Isaacs resigns as Woolies group finance director

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

JSE-listed retailer WOOLWORTHS has informed shareholders of group finance director Reeza Isaacs’s decision to step down from the position to pursue new interests, after a decade with the group. Moneyweb

JSE-listed retailer Woolworths has informed shareholders of group finance director Reeza Isaacs’s decision to step down from the position to pursue new interests, after a decade with the group. On Wednesday, Woolworths reported to the market that Isaacs will have his last day in office on 30 June 2023.

Woolworths’s board has appointed chartered accountant Zaid Manjra as the interim chief financial officer , who will temporarily take over from Isaacs from 1 July 2023. Manjra has almost 20 years of post-qualification experience, 15 years of which has been accumulated while occupying various senior financial roles within the group. Woolworths said it will inform the market once its board has appointed Isaacs’s permanent replacement. The group’s share price traded almost 2% in the red at R64.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Woolworths group finance director resignsReeza Isaacs will leave at the end of June after more than a decade at the company
Source: BDliveSA - 🏆 12. / 63 Read more »