STOCK TAKE | Retiring Dis-Chem CEO: Taking a backseat or backseat driver? | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

When a CEO has been at the helm of a company for as long as Dis-Chem's Ivan Saltzman has (more than four decades) you would be hard pressed to find anyone who wouldn't want them to stay on in some form when they retired. | News24_Business

When a CEO has been at the helm of a company for as long as Dis-Chem's Ivan Saltzman has you would be hard pressed to find anyone who wouldn't want them to stay on in some form when they retired.

But while there is no doubt at all about the continued need for Saltzman's guidance at the group, a strong argument can be made against him taking on an executive role at the group when he steps down as CEO at the end of June. But his role was clearly defined as non-executive, giving incoming CEO Pieter Engelbrecht the space to chart his own course.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dis-Chem CEO steps down after sometimes controversial 40 years at the helm | BusinessPharmaceutical retailer Dis-Chem's Ivan Saltzman is stepping down at the end of June as CEO after more than four decades at the helm. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

Dis-Chem's CEO is stepping down - but his new role raises questions | BusinessDis-Chem founder Ivan Saltzman is stepping down as CEO – but his decision to remain in an executive role has raised some questions about whether he is really relinquishing power. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

STOCK TAKE | Transaction Capital's word soup - and govt's 'spustya rukava' problem | BusinessSTOCK TAKE | Transaction Capital's word soup - and govt's 'spustya rukava' problem News24_Business
Source: News24 - 🏆 4. / 80 Read more »