Former Woolworths Cfo Reeza Isaacs Joins Spar

Retail group SPAR has announced the appointment of former Woolworths financial chief Reeza Isaacs as its next CFO.

Isaacs will replace Mark Godfrey, who is retiring at the end of the year after almost 14 years in the position.

Isaacs has 'strong strategic and operational finance experience that will add considerable value to the company', SPAR said in a statement on Thursday, and he had been a Woolworths board member for a decade before stepping down in 2023.

SPAR had already flagged in June that Godfrey intended retiring in December, with the move coming as the group looks to switch its focus to its core SA business, and it recently flagged some positive signs.

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