Press Releases & Interviews

Edcon announces two senior appointments

22 April 2008

Christo Claassen and Manogaran Moodley have been appointed to the positions of CE Discount Stores and Chief Sourcing Officer, respectively, for Edcon.

Claassen has most recently been Edcons Group Strategic Planning Executive and a member of the Central Executive Forum. His responsibilities have included all areas of business development and optimisation, including footprint expansion and M&A; research and strategy development and serves as a Board member of Edcons clothing manufacturing arm, Celrose. Prior to joining Edcon in 2004, Claassen held the following positions: Logistics Director and Managing Director for a division of Pepkor; Senior Manager, Investment Banking at Vestacor; a lecturer at the University of Johannesburg and an Audit Senior at Price Waterhouse.

Moodley has been the General Manager of the CNA Chain and also managed the Groups Cell-phone business. He was instrumental in the turn-around, and subsequent return to profitability, of the CNA Chain. He is a graduate mechanical engineer and has worked at executive level in a variety of industries, including Manufacturing, Engineering, FMCG, Transport, Logistics and Retail. He also set up a supply chain business with venture capital from a major listed company and later served as a partner in a supply chain consulting business.

Commenting on the appointments CEO Steve Ross said: Both Christo and Mano have created tremendous value for Edcon in their previous assignments; we expect that good work to continue.

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