Pick n Pay CEO steps down, successor appointed
Pick n Pay CEO steps down, successor appointed Pick n Pay CEO, Richard Brasher, will step down from the helm of the South African retail giant after eight successful years. Brasher, who took over from Nick Badminton in 2013, has earned high praise during his tenure for turning around the fortunes of the company. Brasher took office amidst consecutive years of declining profits and market share, which was given up to competitors such as Woolworths and Shoprite. Given the tough macro-economic landscape and low economic growth that South Africa has experienced over the last decade, Brasher has ...