ANNOUNCEMENT
Johannesburg, 14 May 2001
NEW CHIEF EXECUTIVE FOR EDGARS
Edcon today announced the appointment of Jon Spotts as Chief Executive of
Edgars, effective 1 June 2001. Jon, who has been the Group Marketing
Executive for Edcon for the past two years, will be responsible for the
entire Edgars portfolio including the buying, planning, operations and
marketing functions.
Jon has extensive retail experience, accumulated during the course of a
distinguished 16-year career. His first 14 years were spent with Sears,
Roebuck and Co. in the United States, the world's second largest retailer,
where he held management positions in finance, buying, planning and
marketing for a portfolio in excess of R30 billion.
Steve Ross, CEO of Edcon, said: "Jon brings to Edgars a wealth of experience
across the retail spectrum and I look forward to working closely with him to
build on the significant progress we have made at Edgars in the last 18
months."
-ENDS-
Issued by:
Brunswick SA (011) 442 8803
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