Woolworths Foods gets new CEO as Rylands confirms departure date
Zyda Rylands, the CEO of Woolworths Foods, will be leaving the company at the end of August, the group confirmed on Thursday.
Ngumeni has been with Woolworths for 26 years and was previously CEO of Woolworths Financial Services, where he spearheaded the joint venture between Woolworths and ABSA. He has been on the group's board for a decade and also a member of the South African Rugby Executive Council. Ngumeni was one of the SA Rugby execs who was tasked to
In a statement, the Woolworths board thanked Rylands for her contribution to Woolworths Group over the past 29 years, and for the"significant role she has played in growing and positioning Woolworths Foods as an industry-leading, food retailer".We live in a world where facts and fiction get blurred
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