Skip to main content

Longtime Shoprite CFO to retire in July

| On the move

Marius Bosman, the longtime chief financial officer of Shoprite Holdings is set to retire at the start of July.

In a market announcement, Shoprite said that Bosman, who has been with the retailer for 25 years, would stay on as a consultant. 

"He will remain involved as a consultant to Shoprite Holdings inter alia to assist in the completion of the financial statements. As such, Mr Bosman will remain involved in the preparation and completion of the financial accounts for the year-end to June 2018."

"The board wishes to thank Mr Bosman for his valuable contribution during his career and look forward to his continued involvement in the group."

Bosman will be replaced by Anton de Bruyn, a qualified chartered accountant and 15-year veteran of Shoprite Holdings, who was most recently the group's deputy General Manager Group Finance. 

De Bruyn will act as CFO designate for the next three months. He will be appointed as a executive director on July 2. 

Pin It

Related Articles

By: Myles Illidge - MyBroadband Shoprite’s e-commerce platforms have been immensely successful, so much so that the company has expanded on-demand deliveries to its wholesale Cash & Carry business.
By: Bloomberg  SPAR is planning to acquire smaller retailers to help South Africa’s second-largest grocer by revenue expand beyond the food segment and win market share in a struggling economy. 
Coca-Cola Beverages South Africa (CCBSA) has appointed Rakesh Rajbally as the new Managing Director (MD) and announced further strategic appointments within its Commercial and Manufacturing function aimed at strengthening leadership and driving gr...
By: Myles Illidge - MyBroadband Woolworths has started listing various tech products on its website, including smartphones, accessories, gaming consoles, laptops, and tablets. It has called the electronics section of its online store “WConnect”.
WCafe Waterstone is bigger, better and now, open much later, with a new menu to tempt all foodies.