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Pick n Pay Taps Woolworths Veteran as CEO to Aid Grocer Revival
Source: Bloomberg
Management & GovernanceM&A & RestructuringConsumer Demand & Retail
Pick n Pay Stores appointed retail veteran Spencer Sonn as CEO to succeed Sean Summers, tasking him with completing the South African grocer's unfinished turnaround. The leadership transition underscores that the restructuring effort remains incomplete more than three years after Summers returned to stabilize the business.
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