The Bookseller.com

20th November 2008

Woolworths appoints new boss

12.08.08 Anna Richardson

Woolworths Group has appointed Steve Johnson as its new chief executive, with effect from 1st September. Johnson, who replaces Trevor Bish-Jones, who stood down from the post in June, was most recently chief executive of Focus DIY. Before that he had worked for GUS; for supermarket chain Asda in a variety of roles; and in consulting at The Kalchas Group and Bain & Company.

At Focus, he successfully instigated a renewal strategy designed to grow sales, enhance margins and reduce costs, according to a Woolworths statement.

Richard North, chairman of Woolworths, said: "With his strong background in both retail and consultancy, together with his particular experience in achieving a turnaround at Focus, he brings the strategic and operational skills that the Group needs to help it move to the next stage of its development"

He added that the Woolworths board was confident that Johnson would "add tremendous value". "We are sure that he has a great deal to contribute to the recovery and growth of the Woolworths Group," he said.

Johnson said: "Woolworths is a well-loved high street brand operating in attractive markets, while the EUK and 2 entertain businesses have grown to hold market-leading position in their respective markets. Along with the rest of the Woolworths team, I will be focused on value creation for all stakeholders as we seek to move the Group forward."

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