Novus CEO resigns | Fin24
 
  • Pioneer

    Allan Gray was an investment disruptor who brought change to young South Africans.

  • Job Losses

    Government wants ArcelorMittal to sell its Saldanha Bay plant, rather than shut it down.

  • Ferial Haffajee

    South Africans are a cynical lot. Are we are missing that the business investment strike is over?

Loading...

Novus CEO resigns

Jun 04 2018 09:28

Novus CEO Keith Vroon has resigned with effect from 15 June 2018, the printing and packaging company said on Monday.

In a note to shareholders, Novus Holdings [JSE:NVS] said that Vroon has however agreed to stay until the end of June to ensure a smooth transition.

The company said Neil Birch, the current executive chairperson of the Board, will step in as CEO and chairperson with the current lead independent director, Jan Potgieter continuing in his role - "both competent and experienced individuals".

According to Novus Birch has more than 25 years experience in the printing and packaging industry, and has held chief executive roles in large organisations.

The Group, which is headquartered in Cape Town, operates 12 printing and packaging plants across the country and in parts of Africa.

Its annual results is expected to be published around 8 June.

* SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

novus holdings  |  packaging
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...