End of an era for Boxer after 30 years

• Boxer CEO Marek Masojada will retire in February 2027 after more than 30 years with the South African discount retailer.
• Marek Masojada joined Boxer in 1993, when the business generated an annual turnover of R120 million, and led the company's expansion while maintaining its focus on affordable prices.
• The transition will be phased, with the incoming and outgoing CEOs working together for 5 months to ensure continuity and knowledge.