Entrepreneur Brian Joffe would step down as CEO of Long4Life, a company he formed, to become its chairperson
The current chairperson, Graham Dempster, will assume the role of deputy-chairperson.
Source: iol.co.za
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The current chairperson, Graham Dempster, will assume the role of deputy-chairperson.
And he will stay on as chair of the group.
South African corporate heavyweight Brian Joffe is to step down as Long4Life CEO in February.
Group posts a strong set of interim results, but news of an unsolicited offer also saw its share price surging over 16%.
One of SA’s most prominent entrepreneurs, Joffe founded the conglomerate Bidvest in 1989.