By  on August 11, 2014

SYDNEY—A week after its $2 billion takeover of David Jones, South Africa's Woolworths Holdings Limited has announced an executive reshuffle at the Australian department store chain.

Ian Nairn, chief executive officer of Australian mid market fashion chain and Woolworths subsidairy Country Road, will be the new ceo at David Jones. He replaces Paul Zahra, who is stepping down immediately after four years at the helm.

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