Woolworths appoints new CEO
Woolies has appointed Steve Johnson as Chief Executive with effect from 1st September 2008.
Steve Johnson was most recently Chief Executive of Focus DIY where he instigated a renewal strategy designed to grow sales, enhance margins and reduce costs. This was achieved through a re-alignment of the price proposition, a review of the trading formats, an overhaul of the supply chain, the amalgamation of three head office locations and a reduction in central overheads.
Richard North, Chairman of Woolworths, said ‘We are delighted that Steve will be joining Woolworths. With his strong background in both retail and consultancy, together with his particular experience in achieving a turnaround at Focus, he brings the strategic and operational skills that the Group needs to help it move to the next stage of its development.
