The best-performing food retail CEOs in South Africa – the winner is clear
- Shoprite CEO Pieter Engelbrecht is the best-performing chief exec among South Africa’s grocery retailers based on his company’s share price performance, with a 79.76% increase over his nine-year tenure.
- The analysis compared the share price performances of JSE-listed grocery retailers under their respective CEOs, with Shoprite's share price outperforming other major retailers like Pick n Pay, Spar, and Woolworths.
- The highly concentrated nature of South Africa's grocery retail sector, with five players accounting for 60% of all food sales, may contribute to the significant share price fluctuations seen among these retailers.
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