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Pick n Pay has appointed Spencer Sonn as CEO-designate. He will join the retailer on 1 February 2027 and take over from CEO Sean Summers in May 2028. It says Sonn has more than three decades of \u201cretail leadership experience across South Africa and New Zealand\u201d.<\/p>\n
He was previously MD of Woolworths Food during a 26-year career at that retailer and had a four-year stint as MD of Woolworths New Zealand (there is no link between the two companies). Most recently, Sonn served as chief customer officer at Woolworths and departed the group at the end of June following a shake-up under new CEO Sam Ngumeni. Coincidentally, Ngumeni also ran the Food division at Woolworths until his recent appointment as Group CEO.<\/p>\n
Pick n Pay says Sonn will work closely with Summers \u201cas part of a planned and orderly leadership transition that will support continuity and the continued execution of the group\u2019s strategy.<\/p>\n
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\u201cThe board is confident that Spencer\u2019s extensive local and international retail experience, proven leadership capability, and deep understanding of the food and grocery sector position him well to build on the significant progress made in the group\u2019s turnaround.\u201d<\/p>\n
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The retailer adds that Sonn brings a wealth of retail knowledge and a proven track record of leadership in challenging conditions in New Zealand to the group. \u201cHis experience abroad is particularly valuable given similarities to Pick n Pay\u2019s operations in that it encompassed both Franchise and Corporate stores, and 22 000 employees.\u201d<\/p>\n
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Summers says, \u201cThroughout our engagements, Spencer has expressed enormous admiration for the values and founding principles that Pick n Pay was built on.\u00a0 He considers it a privilege to be joining a brand, a business and a team that plays such a vital role in the lives of millions of South Africans.<\/p>\n
\u201cWe are in the very fortunate position of being able to appoint a highly skilled executive of Spencer\u2019s calibre. In his previous positions, he demonstrated his outstanding talent as a leader and was the architect of much of his former company\u2019s food-retailing success. He is an exceptionally worthy leader for Pick n Pay.\u201d<\/p>\n
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Sonn says, \u201cThis is an exciting challenge for me after working across every part of grocery retailing. I am looking forward to working closely with Sean. Pick n Pay is a strong, much-loved brand with enormous potential and a motivated, loyal workforce. I am looking forward to playing my part in continuing the turnaround and being part of the family.\u201d<\/p>\n
One of Summers\u2019s key performance indicators under his employment contract was to identify a successor before it ends in 2028. The group says, \u201cthis gives ample time for Sonn to settle into executive leadership and work with Summers on the company\u2019s turnaround\u201d.<\/p>\n
*This is a developing story.<\/p>\n
#Pick #Pay #appoints #Woolies #Food #boss #CEOdesignate<\/p>\n","protected":false},"excerpt":{"rendered":"
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