Steinhoff [JSE: SNH] announced on Monday that Theodore de Klerk would take over as its new CFO on September 1. 


Steinhoff chair Heather Sonn said the group’s restructuring
Is nearing completion. Having stepped into the role of CFO at a very difficult time, Philip has made a significant contribution to the management board that has successfully stabilised the group while it continues to work towards recovery of value,”


De Klerk is the conglomerate's current operations director and member of the group's management board.

He will be replacing Philip Dieperink, who is stepping down by "mutual consent".


"Theo has been with the group in various positions since 2003 and is well-qualified for the post, He will leave the group having accomplished the key objectives set at the time of his appointment and we wish him every future success," said Steinhoff

By: Bradley Brizzy
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