Woolworths regional Australian CEO John Dixon has left the group as the retailer moves to simplify its Australian regional leadership structure.
In a shareholder announcement on Tuesday morning Woolworths [JSE:WHL] said that Dixon's position was being axed in the wake of a strategic cost review. Dixon resigned as an executive director on Monday.
"We would like to thank John for his stewardship of the business over the last two and a half years and wish him every success for the future," it said in a statement.
As part of the leadership restructuring, the chief executives of the group’s two Australian operating divisions - David Thomas of David Jones and Scott Fyfe of the Country Road Group - will report directly to Woolworths group CEO Ian Moir.
The retailer's shares were trading at R60.00 on the JSE at 10:15, up 0.17% on the day.
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