Brasher’s departure is “very much a planned succession”, as he had informed the board of his plans over a year ago, but stayed on to until they had identified a suitable successor in the midst of the Covid-19 pandemic.
“We are naturally very sad to be announcing Brasher’s departure. He has led a remarkable turnaround in our company and the Pick n Pay Group is immeasurably stronger now than when he took over in 2013,” Ackerman said. “Today’s announcement is very much a planned succession. Richard originally told the board of his intention to step down over a year ago. I am grateful to him for agreeing so readily to remain at the helm through the worst of the Covid-19 crisis until we had identified a suitable successor.”Ackerman expressed his delight that Boone will succeed Brasher. Boone was chosen after a thorough search. We had many possible candidates, but we knew when we met Boone that we had found the right person.
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