<p>JOHANNESBURG, Feb 20 (Reuters) - The chief executive of South African grocery retailer SPAR  (SPPJ.J) , Angelo Swartz, has resigned with effect from February 28 and will be replaced by finance chief Reeza Isaacs, the company announced on Friday.</p>
<ul>
<li>Swartz has served the group for 19 years, including as group CEO since October 2023.</li>
<li>During his tenure, he led the business through a challenging period of operational stabilisation, portfolio simplification and balance sheet strengthening, SPAR said.</li>
<li>Swartz will remain available to the group over the next three months to support transition and assist in concluding strategic initiatives currently under way.</li>
<li>Swartz will be replaced by CFO Isaacs from March 1.</li>
<li>Current Chief Operating Officer Megan Pydigadu has been appointed CFO with effect from March 1.</li>
</ul>

Chief Executive of South Africa's SPAR resigns, finance chief to take over