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.
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Woolworths group finance director resignsReeza Isaacs will leave at the end of June after more than a decade at the company
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