Woolworths has announced that the CEO of Woolworths Foods, Zyda Rylands, will be resigning at the end of August, in line with what it previously stated in 2021.
Rylands is the brains behind the Foods business that has a much better cold chain than competitors and is the top performing division at Woolworths.
Rylands, who has spent 29 years at the retailer, was CEO of the Woolworths SA from 2015 to 2021.
She had planned to step down in 2021, but was convinced to stay on and lead the Foods business until 2024.
COO Sam Ngumeni will take over from July. The group said this was a planned transition.
Woolworths said Ngumeni “is a highly regarded executive with a successful track record across multiple senior roles in the group over the past 28 years.”
The board congratulated him and said it looked forward to the contribution he would make to the food business
“The board extends its appreciation to Zyda for her contribution and commitment to the Woolworths Group over the past 29 years, and for the significant role she has played in growing and positioning it as an industry-leading, food retailer.”
Under her leadership, Woolworths added national food and cleaning brands to the chain’s shelves to get consumers to increase their shopping volumes in store.
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