BRUCE WHITFIELD: Pick n Pay hires pensioner as CEO
Sean Summers — the CEO who once led the retailer to the top of the pile, is back, in a desperate bid to save the former blue chip company
02 October 2023 - 12:30
Sean Summers, whose resignation as CEO of Pick n Pay 17 years ago was followed by a decade and a half of underperformance by the former market leader, is making a comeback. It’s a desperate attempt by the board for the company to regain its lost mojo.
Summers, who has just turned 70, began his 33-year career at the retailer as a trainee manager in 1974. He worked his way to the top job, which he held for 11 years, during which he developed a reputation as a fearsome operator, making the retailer the market leader. ..
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