November 28 was a historic day for Woolworths; the end of what you might call a corporate dynasty.

The retailer had just wrapped up its 2019 AGM and for the first time in more than 90 years there was no Susman in a senior position in the group’s management structure. Simon Susman, grandson of Elie Susman, who partnered with Woolies founder Max Sonnenberg in the 1930s, retired as chair after his 37-year stint with the company...

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