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Spur chair Mike Bosman said Farrelly “plans to continue his career outside the listed company environment and to focus on managing his restaurant and property interests, which include being the master franchisee for Spur International in New Zealand, where he owns the Spur restaurant in Auckland”. “The COO would normally have been seen as the heir apparent, so I can’t put words into anyone’s mouth, because nobody knows,” Clark said. “One could just assume that his departure is perhaps tied into the fact that he was perhaps passed over for the top job.”
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