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Napier officially takes over from Charl Cronje who has moved within the group to become MD of Ackermans. Napier joins Pepkor Africa in February 2017 having been CEO of the Edcon Speciality Division; before that he was CEO of Jet Stores.
Lourens says that the group is delighted to welcome Garth to the Pepkor group: “Garth is a dynamic leader and one who has great vision for – and commitment to – growing our business in Africa.”
Napier sees his new role with Pepkor Africa as one of opportunity: “Everyone knows that Africa is a continent of opportunity and I am very proud to be working with a company that knows the retail landscape and how to best harness that opportunity.”
Pepkor Africa – through the PEP store brand (and Power Sales in Zimbabwe) – will be in charge of a growing store network of 300 stores and a staff of 3,300.