NOMINATION BODY
Shoprite CEO co-opted to find Christo Wiese’s replacement
Unusual move appears to contrast sharply with the King code on corporate governance
18 November 2019 - 05:10
Shoprite Holdings CEO Pieter Engelbrecht has joined the group’s nomination committee to provide certainty for management as the board battles to find a replacement for Christo Wiese.
This unusual move appears to contrast sharply with the King code on corporate governance, which recommends that all the members of the nomination committee should be nonexecutive directors...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.