Tongaat Hulett chair resigns

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Louis von Zeuner:Executive Director :ABSA Results 2011,Presentation 10/02/2012.pix Robert Tshabalala

EMBATTLED sugar producer Tongaat Hulett has announced the resignation of its chair Louis von Zeuner.

The company said on Thursday that he advised the board he was not available for re-election at the next annual general meeting “due to a change in his personal circumstances”.

“Mr Von Zeuner has consequently resigned as chairman but will remain on the board to assist with a smooth transition and handover until 30 June 2022.”

He will resign as an independent non-executive director of the company after that. David Noko, a lead independent non-executive director, was appointed as interim chair until a replacement is found. – fin24.com

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