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Real Economy News in Real Time
R/€ = 15.97 Change: 0.00
R/$ = 14.12 Change: 0.00
Au 1325.88 $/oz Change: 2.83
Pt 807.09 $/oz Change: 1.99
 
 
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Tongaat appoints CFO

11th February 2019 BY: Creamer Media Reporter

JSE-listed agroprocessing company Tongaat Hulett has appointed Rob Aitken CFO, effective March 1.

He has been serving as the company's acting CFO since August 2018, when former CFO Murray Munro took a medical leave of absence.

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He is a qualified chartered accountant with 14 years’ experience, nine of which have been in the sugar industry and within an organisation previously listed on the JSE.

"He is well qualified and has the necessary experience and understanding to fulfil this role effectively. This appointment brings additional strength and experience to the executive team at a time when the company focuses on the strategic review and direction of the business," Tongaat said in a release on Monday.

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Tongaat's new CEO Gavin Hudson started in his role on February 1.

Hudson succeeded long-serving former CEO Peter Staude, who retired in October 2018. 

EDITED BY: Chanel de Bruyn Creamer Media Senior Deputy Editor Online
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