Woolworths scores big enticing top retailer David Kneale to board
David Kneale. Picture: HETTY ZANTMAN
Bringing in Kneale as an independent nonexecutive, who would provide strategic guidance, was met with approval by many analysts. “If I was a Woolies shareholder, then this would be a very good appointment,” said Gryphon research analyst portfolio manager Casparus Treurnicht. Kneale, who led Clicks for 13 years util the end of 2018, was one of two new board appointments taking over from Australian-based nonexecutives who resigned in mid-February.
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