South Africa, Dec. 3 -- The company has appointed Tina Rookledge, a former regional managing partner at EY Western Cape, to join in February 2026 and take over as CFO in August following a structured handover period.

Pick n Pay, one of South Africa's biggest grocery chains, is working to cut losses and aims to break even by 2028 as it faces stiff competition from Shoprite and Woolworths.

The leadership change comes as the group pursues a turnaround strategy focused on operational performance, sustainable growth and long-term value creation.

Olivier, CFO since 2019, will remain in an executive role overseeing priority projects critical to that strategy, the retailer said. She helped steer the company through the Covid-19 pandemic, the 2...