Edgars Consolidated Stores Limited
"Edcon"
Registration number 1946/022751/06
Incorporated in the Republic of South Africa
ISIN number : ZAE000018388
Share code : ECO
Edcon has pleasure in announcing the following management changes :
Graham Evans, Chief Executive of United Retail Limited, the discount
division of Edcon which includes JET, Sales House, Cuthberts and Smileys,
has been appointed Chief Executive New Business, a new position.
Assie Boshoff currently Operations Chief Executive for United Retail Limited
will become United Retail's new Chief Executive.
These changes are effective February 1st, 2002. Both positions report
directly to Edcon's CEO, Steve Ross.
The United Retail team has completed an enormous task in the last 20 months
of rebalancing their real estate, brands and assortments. It is time for
Edcon to reap the benefits of that labour and we are confident that Mr.
Boshoff will ensure that payback. Edcon is now ready to focus on other
opportunities beyond its current structure. These opportunities are vital to
the robust growth of the corporation. Graham Evans has the drive, skills and
entrepreneurial flair to lead this effort for the company.
Henri Slabbert has been named as Chief Information Officer. John Day, the
current Group IT Director has been named Group Chief Strategy Officer for
the corporation. Both of these assignments are effective March 1st.
Henri Slabbert joins Edcon from ABSA where he was General Manager of ABSA
Direct. Henri will report to Mark Bower, Chief Executive : Group Services.
Significant IT investments have been made over the last 5 years. Henri will
continue John Day's work to extract maximum value from these investments as
well as plan our ongoing IT strategy.
John Day will now report to Steve Ross and will be instrumental in the
formation and delivery of the corporate strategy. The speed of change in the
South African market place requires immense focus to position the
corporation and anticipate the impact of economic and technological
developments. John Day's background in merchandise, marketing, property and
IT makes him an obvious choice to direct strategy.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
