A call inquiring about a possible position with Grand Parade Investments solved the problem of who to appoint as his successor as CEO, says Hassen Adams, chairman of the investment company that runs Burger King in South Africa. "I received a call out of the blue based on her wanting to look at an opportunity with GPI and when I googled her I was taken aback by her experience," Adams told Business Times on Wednesday, after the new CEO, Prabashinee Moodley, was appointed this week. Adams, who has been the interim CEO following the resignation of Tasneem Karriem earlier this year, said Moodley was looking to come home after having spent a number of years in the US working in executive positions at McDonald's Corporation and Dunkin' Brands - one of the food brands for which GPI has the South African licence. GPI, which was founded in 1997 and listed on the JSE in 2008, originally started as a gaming entity, but since 2013 has expanded into fast food. "We had all of our eggs in one baske...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.