Finweek English Edition - - IN BRIEF -

Af­ter more than 50 years at the helm of Al­tron, the Ven­ter fam­ily said that its mem­bers will be step­ping back from the busi­ness fol­low­ing the re­lease of a shock­ing set of re­sults for the year to end Fe­bru­ary. The group − Al­tron is cur­rently run by founder Bill Ven­ter’s son Rob­bie, while his other son Craig is in charge of sub­sidiary Al­tech − will be handed over to an in­de­pen­dent man­age­ment team. The fam­ily said that it will re­main in­vested in the group.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.