What’s in store for Zahra

It did not take long for David Jones’ new chairman Gordon Cairns to convince his CEO Paul Zahra to stay on, but they will have a lot on their plates if they are to improve profitability.

It’s remarkable how a bit of boardroom blood-letting can rejuvenate a burned-out executive. Less than five months ago, Paul Zahra flagged his retirement as chief executive of David Jones, citing exhaustion and stress. Today he committed himself to remaining with the department store group.

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