It’s time for the family to step back, says Gareth Ackerman
The departing chair says struggling retail giant Pick n Pay needs ‘a total refresh’
27 May 2024 - 11:29
Gareth Ackerman will vacate the chair of Pick n Pay Group as part of a vigorous shake-up of the struggling retailer’s governance and shareholder structure.
As part of this, the Ackerman family will step back from control of the business while still taking up a rights offer announced in February...
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