Home / Knowledge / News / Apparel/Garments / Woolworths appoints David Marr as new CFO
Woolworths appoints David Marr as new CFO
27
Nov '13
Tom Pockett has advised the Board of Woolworths Limited (Woolworths) that he will retire after 11 years as Chief Financial Officer and seven years as a Director.

Mr Pockett will retire as Finance Director on 1 February 2014 and retire from the Board on 1 July 2014.

Mr Pockett will be succeeded by David Marr as Chief Financial Officer, who is currently the General Manager of Corporate Finance.  Mr Marr joined Woolworths in 2011 as General Manager of Finance in the Australian Supermarkets division.  His appointment is the result of a succession planning process that started more than three years ago.

Chairman Ralph Waters thanked Mr Pockett; “Tom has been a fantastic asset to Woolworths and has made a significant contribution to the growth of the business in the past, as well as playing a critical role in positioning the Company for growth in the future.

“It has been Tom’s wish for more than 12 months to retire and the Board prevailed upon him to stay during this critical time in Woolworths’ transformation.  We thank him and wish him and his family well for the future,” Mr Waters said.

CEO Grant O’Brien said; “Tom’s financial stewardship has been pivotal to the Woolworths success story for over a decade.  Whilst he has been the Chief Financial Officer we have seen remarkable growth.

“More importantly, the structures he has put in place, the team he has built and the principles he has set in stone will ensure that Tom’s contribution to Woolworths’ wellbeing will go on indefinitely.

“On a personal note, I owe a great debt to Tom for the support he has given me since becoming CEO.  I have known Tom for some time but his sage advice and wisdom over the last couple of years has been invaluable to me and I thank him for that,” Mr O’Brien said.

Mr Pockett said; “It has been a privilege to have been the CFO and Finance Director of this proudly Australian company.

“I have worked with three outstanding CEOs - Roger Corbett, Michael Luscombe and Grant O’Brien.  Each was the right person for their time, and each built on the work of their predecessor. I thank them all for their leadership and friendship over the years.

“I am delighted to be passing the role on to someone of the calibre of David Marr.  He is an eminently qualified successor and brings a wide range of Australian and international leadership experience to the role.

“Finally, I am proud to have been part of the team that achieved excellent results and has undertaken major initiatives that have underpinned this growth.  I believe Woolworths’ best days are ahead and I wish Grant and the team every success for the future,” Mr Pockett said.

Woolworths

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search