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Massmart chief executive Guy Hayward to step down

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Christian Fernsby | Johannesburg, South Africa | May 6, 2019
Guy HaywardMassmart, a consumer goods company, announced that chief executive Guy Hayward will step down before the end of 2019.
Mr. Hayward graduated from the University of Cape Town in 1986 and, after serving articles with Deloitte Haskins and Sells, qualified as a Chartered Accountant in 1989.

During the 1990s Mr. Hayward held financial roles at Malbak and CNA Gallo in South Africa and at Goldman Sachs in London.

Mr. Hayward joined Massmart as Group Financial Executive in 2000, was appointed Chief Financial Officer in 2001 and Chief Operating Officer in May 2012, before becoming Chief Executive Officer in June 2014.

Mr. Hayward is also chairman of the Hilton College Endowment Foundation.