Cape Town, 12 March 2026 – Woolworths Holdings Limited (WHL) has officially revealed that Group Chief Executive Officer Roy Bagattini will step down at the end of September 2026, marking the end of an impactful six-year tenure.
As the company approaches a pivotal moment in its strategic journey, Bagattini and the Board decision for a leadership transition comes at a time of strengthened foundations and promising growth prospects.
Under Bagattini’s leadership, WHL has undergone significant transformations, including the disposal of David Jones and a strategic focus on South African assets.
His inclusive approach has fostered a strong connection with the Woolworths brand and its dedicated employees.
Commenting on his decision, Bagattini expressed pride in his accomplishments and optimism for the company’s future as he passes the baton to his successor.
The Board has appointed Sam Ngumeni, an internal candidate with nearly 30 years at WHL, as the new Group CEO effective June 1, 2026.
Ngumeni extensive experience and exemplary track record, particularly in leading the Food division, position him as a capable leader for the next chapter of Woolworths.
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