Legal blow to top Sanlam exec fired amid race, culture tension | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

A top Sanlam executive who was fired in a row over race and culture at the financial services giant has failed in an attempt to challenge a court ruling that prevented his reinstatement. | News24_Business

André Rheeder was fired in 2019 as CEO of Sanlam Properties after he was accused of resisting transformation and being either insubordinate, insolent or racist towards his new line manager, Mervyn Shanmugam.

Rheeder asked the labour appeal court for permission to challenge Judge Hilary Rabkin-Naicker’s ruling, meaning his reinstatement would stand, but on 15 February, his application was refused by three judges.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

_Business Sanlam will be forced to pay out if and when the fired CEO dumps his shares, the value of which must be substantial.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Ramaphosa, Mantashe to oppose legal challenge over energy planning | BusinessPresident Cyril Ramaphosa and Mineral Resources and Energy Minister Gwede Mantashe intend opposing a legal challenge against them over energy planning. | News24_Business _Business Yoh I’ve been tired of this man _Business eskomsalaryshedding , over 40000 employees at Eskom and they can not fix anything so lets start Salary shedding there stage 2,3,4 30% of their salary stage 5,6 40% of their salary and see how quickly the fix and maintain the problem or just maybe no more load shedding _Business Lol two rouges
Källa: News24 - 🏆 4. / 80 Läs mer »