Takealot is Looking for a New Group CEO

Takealot group is making changing at the executive level. This comes after the founder and current CEO Kim Reid is transitioning to Group Chairman of the organisation.

According to ITweb, the company says the search for a new group CEO is underway and when the right person is found to succeed Reid, this will be announced.

The publication states, “once he becomes chairman, Reid is set to will work closely with the group CEO and shareholder, Naspers, on the group’s next phase, stepping back from day-to-day operations to focus on initiatives that will deliver future value for the group”.

Takealot founder and CEO Kim Reid

“Reflecting on the last 10 years, we are at a unique point in our history where I am able to set the wheels in motion to pass operational responsibility to a group CEO, and at the same time drive our commitment to transformation right from the top,”adds Kim.

“The business has never been in a better position, poised for the potential growth in e-commerce in South Africa. We have strong management and committed employees who have contributed, and will continue to contribute, to a wonderful, unique, South African story,” said Reid.

About Takealot

Takealot.com was officially launched in June 2011 by Kim Reid with investment from Tiger Global Management. The business was initiated with a simple vision in mind: To be the largest, simplest, most customer centric online shopping destination in Africa.

The business has evolved rapidly since inception, opening and expanding warehouses in Cape Town and Johannesburg, expanding category selection to 19 categories, including Electronics, Sport, Home & Kitchen, Fashion and more, while also taking control over its own logistics with the purchase of Mr. Delivery, now the Takealot Delivery Team.

Today takealot.com is one of the fastest growing, most innovative ecommerce retailers on the African continent. For more information, see www.takealot.com

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