Massmart Head Pattison to Step Down
April 14, 2014,
JOHANNESBURG-Grant Pattison, CEO of South African retailer Massmart (in which Walmart holds a majority stake) will leave his post on June 1.
Guy Hayward, currently chief operating office, will become CEO at that time, in accordance with the company's succession plan. Pattison's future plans were not announced in a Massmart statement.
Hayward joined Massmart in 2000 and was named chief financial officer the following year. He became chief operating officer in 2012.
Other Articles By Author
Retailers Share Why They Attended HFN’s Omnichannel Summit
HFN's DIGITAL EDITION
One Kings Lane Flashes Forward
Formerly a flash-sale only website, One Kings Lane—now under the ownership of Bed Bath & Beyond—evolves into a lifestyle retailer with a new physical presence.
ALSO IN THIS ISSUE:
- HFN Tech & Omnichannel Study- Although e-commerce shopping is increasing dramatically among consumers, home retailers lag in their current and future tech investments and implementation.
- Market Previews: High Point & Tabletop- The newest collections and influencer trends emerge in our High Point Market and N.Y. Tabletop Show special sections.