South African Roy Bagattini appointed as new Woolworths group CEO
Bagattini will be taking over from previous group CEO Ian Moir with effect from 17 February.
Woolworths Holdings has announced the appointment of Roy Bagattini as its new group CEO and executive director with effect from 17 February.
Bagattini will be taking over from Ian Moir, who will stay on to help with the transition while serving in his new role as acting CEO of David Jones.
Bagattini is currently the president of Americas for Levi Strauss & Company. Prior to this, he was the president of Asia Pacific, Middle East and Africa for Levi Strauss.
He has worked in international markets for over 19 years, following his South African based career. From 2009 to 2014 he served as president of Asia and Africa for the Carlsberg Group based in Hong Kong. From 1991 to 2009 he held various executive roles in SABMiller, both in South Africa and internationally.
About the appointment, Woolworths Holdings chairman Hubert Brody said:
“Roy has extensive operational, management and turnaround experience in global consumer and retail markets, which will prove invaluable as we continue to navigate the structural changes taking place in the retail sector and the challenges particular to our group. The experienced executive management team, under Roy’s leadership, will continue to drive the future strategy for the group. The board welcomes Roy and looks forward to his contribution.”
The group also thanked Moir for his “stewardship of the group” for the last nine years where he oversaw a period of “significant growth and transformation”.