STEINHOFF INTERNATIONAL HOLDINGS N.V.
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Change of Personnel
Steinhoff - Steinhoff Supervisory Board changes Changes to Steinhoff Supervisory Board: As part of the Group's continued efforts to drive performance of its key operating assets, Mr Jayendra Naidoo has tendered his resignation with immediate effect as a member of the Supervisory Board of the Company, in order to focus his efforts on the board of the Company's JSE-listed subsidiary company, Steinhoff Africa Retail Limited (STAR), where he is the Chairman. Mr. Naidoo's position on the Company's Supervisory Board will be filled by a new independent director to be appointed in due course. The Supervisory Board continues to keep the governance of the Group under review and a number of candidates are in the process of being approached to strengthen the independence of the Supervisory Board. Mr Naidoo commented "I am looking forward to focus even more energy on the STAR business. My goal continues to be to work with my fellow board members and our various stakeholders to ensure that STAR continues to develop as an exceptional business, delivering value to the African consumer and all other stakeholders." Ms. Heather Sonn, acting chairperson of Steinhoff International Holdings N.V., commented "STAR will continue to be a key part of the Steinhoff group and it is important to have a focused board and management team in place to maximize the potential of the business." Stellenbosch, 18 January 2018
18.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Steinhoff International Holdings N.V. |
| Herengracht 466 | |
| 1017 CA Amsterdam | |
| Netherlands | |
| Phone: | +27218080700 |
| Fax: | +27218080800 |
| E-mail: | investors@steinhoffinternational.com |
| Internet: | www.steinhoffinternational.com |
| ISIN: | NL0011375019 |
| WKN: | A14XB9 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |
646295 18.01.2018
