Tag: Ian Moir
Woolworths share price bounced after CEO Ian Moir announced plans to step down next month. He will be replaced by 56-year-old retail veteran Roy Bagattini. Moir has been heavily criticised for the value destruction caused by the retailer’s Australian operation David Jones. CNBC Africa’s Fifi Peters spoke to the Deputy Chairman of Sasfin Wealth, David Shapiro for more.
Woolworths CEO Ian Moir will step down next month. He will be replaced by 56-year-old Roy Bagattini. Moir has been heavily criticised for the value destruction caused...
Woolworth’s struggle continues as the company’s headline earnings were down by 4.6 per cent to 330 cents per share and the groups dividend decreased by 20 per cent.
Woolworths survives another tough economic year but has decreased revenue and increased costs to show for it. The food and clothing retailer reported a 2.9 decrease in HEPS to 200.4 cents and a 15.2 decrease in its interim dividend to 92cents a share. Woolworths CEO, Ian Moir joins CNBC Africa for more.
Woolworths has received the resignation of David Thomas the CEO of its subsidiary brand David Jones. The WHL Group CEO, Ian Moir, has not named Jones’s successor. Moir has assured shareholders that David Jones will be working with Woolworths’ management team in the interim. Joining CNBC Africa for more is Evan Walker, Portfolio Manager 36ONE Asset Management.
Woolworths remains upbeat on Australia despite losses