NewsLite SA
ADVERTISEMENT
  • Home
  • News
  • Tech
  • Lifestyle
No Result
View All Result
  • Home
  • News
  • Tech
  • Lifestyle
No Result
View All Result
NewsLite SA
No Result
View All Result
Home News

Spur head, Pierre van Tonder to retire

NewsLite by NewsLite
20th Jul 2020
in News
1 min read
0
Spur head, Pierre van Tonder to retire
9
SHARES
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

The CEO of the restaurant group Spur, Pierre van Tonder, will retire at the end of December, the company said on Monday.

The 61-year-old Van Tonder has been the managing director / CEO since 1996 after joining the company in 1982 as a junior restaurant manager.

Mike Bosman, chairman of the Spur Corporation, said the business has shown strong growth over the past 24 years under Van Tonder’s leadership and the group has more than 640 restaurants in South Africa and worldwide and a presence in 20 countries.

“Pierre has played a leading role in expanding the portfolio by developing brands such as Panarottis and acquiring smaller brands such as RocoMamas, The Hussar Grill and John Dory’s, which are today some of South Africa’s best-known restaurant brands,” Bosman added. .

Spur said its remuneration and nomination committee of the council has started a selection process to identify a new CEO and internal and external candidates will be considered.

Like many other businesses in South Africa, Spur was affected by the period of isolation imposed during the Covid-19 pandemic. The company said the restriction on trading had a major impact on its operations and performance. Sales decreased dramatically in March and decreased by 46.7% compared to the same period in 2019.

The group relies primarily on revenue from its franchise restaurants.

Share4Tweet2SendShare
Previous Post

Gordhan appointed to lead Pretoria with COVID-19 battle

Next Post

State may use pensions to save SAA

NewsLite

NewsLite

Next Post

State may use pensions to save SAA

Three’s deaths linked to taxi violence

Triple murder on farm shakes KZN

ANC councilor in court for attempted murder

Three arrested after murder of Smithfield farmer

Integrity Commission says Ace must stand aside

WATCH: Community cause chaos at Senekal court, attempts to overturn police van holding alleged killers

NewsliteSA is an independent South African news website with no agenda. NewsliteSA brings you breaking news, politics, celebrity, sport and world news.

Follow Us

Browse by Category

  • Business (16)
  • Celebrities (1)
  • Crime (281)
  • Economy (178)
  • Featured (682)
  • Gaming (1)
  • Health (9)
  • International (44)
  • Journalism (32)
  • Lifestyle (5)
  • Money (10)
  • News (2,055)
  • Politics (52)
  • Sport (22)
  • Tech (8)
  • Video (294)
  • Viral (1)
  • Weather (2)

Recent News

Three’s deaths linked to taxi violence

15th Dec 2020
Triple murder on farm shakes KZN

Triple murder on farm shakes KZN

15th Dec 2020
  • Contact Us

© 2020 NewsLiteSA - [email protected]

No Result
View All Result

© 2020 NewsLiteSA - [email protected]