Mar 14, 2024 · Sam Ngumeni has been named the CEO of Woolworths Food, effective from July 1, 2024, succeeding Zyda Rylands, who is set to retire at the end of August 2024. Rylands’ retirement was initially announced on August 3, 2021.

Mar 15, 2024 · SOUTH AFRICA — In a significant development within the Woolworths Group, Zyda Rylands, the longstanding CEO of Woolworths Foods, is set to retire at the close of August. Rylands will be marking the end of a remarkable 29-year tenure with the company, leaving behind a legacy of growth and innovation.

Mar 14, 2024 · Sam Ngumeni, the group's chief operating officer, will take her place as CEO of Woolworths Foods at the start of July. Ngumeni has been with Woolworths for 26 years and was previously CEO of Woolworths Financial Services, where he spearheaded the joint venture between Woolworths and ABSA.

He was previously the Chief Operating Officer of Woolworths South Africa and Chief Executive Officer of Woolworths Financial Services, where he spearheaded the successful joint venture between Woolworths and ABSA Limited. Sam was appointed to the WHL Board in 2014. Sam is a member of the South African Rugby Executive Council.

Dec 21, 2023 · South African executive Sam Ngumeni, the group chief operating officer of Woolworths Holdings — a South African multinational retail company — received a compensation package of R97.14 million ($5.3 million) from the group in 2023.

He was previously the Chief Operating Officer of Woolworths South Africa and Chief Executive Officer of Woolworths Financial Services, where he spearheaded the successful joint venture between Woolworths and ABSA Limited. Sam was appointed to the WHL Board in 2014. Sam is a member of the South African Rugby Executive Council.

Sam has been with the WHL Group for 26 years, primarily in Financial Services, and has more than 17 years retail credit experience. He was appointed as the Group Chief Operating Officer in March 2012.

Mar 15, 2024 · Replacing Rylands is Sam Ngumeni, the current group chief operating officer (COO) of Woolworths, who will take the helm as CEO of Woolworths Foods starting July 1st.