Johannesburg - Retailer Pick n Pay Stores [JSE:PIK] said on
Wednesday that deputy CEO Richard van Rensburg will stay on a deputy CEO.
He was appointed to the executive position of deputy CEO for
a three year period‚ effective from October 1 2011‚ so that the company could
benefit from his experience in the implementation of strategy.
In this function‚ the IT‚ supply chain and property
functions reported directly to him. Following the resignation of Nick Badminton
as CEO‚ he assisted acting CEO‚ Gareth Ackerman‚ in the day-to-day
administration of the company whilst a search was conducted for the company’s
Van Rensburg will‚ in addition to IT‚ supply chain and
property‚ now also focus on critical areas that are important to increasing
efficiencies and finding further opportunities for growth.
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