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You are here: Home / News / Spar South Africa CEO resigns amid financial challenges to lead McDonald’s | The Citizen | SA News

Spar South Africa CEO resigns amid financial challenges to lead McDonald’s | The Citizen | SA News

11 June 2025 by Guest

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  • Spar South Africa CEO Max Oliva will assume his role as McDonald’s South Africa CEO on 1 July 2025.
  • Spar SA’s next CEO
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Spar South Africa CEO Max Oliva will assume his role as McDonald’s South Africa CEO on 1 July 2025.

Spar South Africa CEO Max Oliva has resigned from the group, just days after the retailer announced a decline in profits and a R4 billion loss.

The retailer said Oliva resigned after 30 years at Spar on Tuesday.

“It has been an honour to serve Spar for the past three decades. While this was not an easy decision, I am confident that the business is in capable hands. Angelo has my full support, and I am excited to see how the team continues to build on the momentum we’ve created,” he said.

Spar SA’s next CEO

The retailer said Spar Group chief executive officer, Angelo…

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