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Remgro pays tribute to CEO

Apr 30 2012 10:29 I-Net Bridge

Company Data

REMGRO LIMITED [JSE:REM]

Last traded 0
Change -0,46
% Change 0
Cumulative volume 685651
Market cap 117.12bn

Last Updated: 19-09-2014 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

RCL Foods Limited [JSE:RCL]

Last traded 0
Change -0,45
% Change 0
Cumulative volume 35861
Market cap 14.55bn

Last Updated: 19-09-2014 at 04:21. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - The Remgro [JSE:REM] board paid tribute on Monday to its CEO Thys Visser, who died in a car accident last week.

"In his 32 years with the group he left an indelible mark on the company, its investments, the employees of the group and the South African business landscape at large," the board said in a statement.

Visser, 58, died in a car accident in Rawsonville, in the Western Cape, on Thursday.

The Remgro board said Visser was "instrumental in building Remgro into a multi-billion rand investment company with an array of diverse investments, creating enormous value for shareholders".

The board expressed its heartfelt sympathy and condolences to his wife Amanda and children, Matthys and Riette.

Johann Rupert, chairman of Remgro, said: "We have lost an irreplaceable colleague. Thys was a wise man with impeccable judgement but, most of all, a man of deep integrity. He was a friend to every one of us, a family man, father and husband. His death is a great tragedy."

Visser served as chairperson of Rainbow Chicken [JSE:RBW], as a non-executive director of RMB Holdings Limited and FirstRand Limited, and as a director on the boards of numerous listed companies, including Mediclinic International Limited and Distell Group Limited.

Remgro would make an announcement about his successor in due course.

Independent Online reported that Visser and another man died in a three-car collision on the N1 in Rawsonville. A third man was injured.

Visser died on the scene, while the other man died in hospital.

The men were alone in their cars. 

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