Tiger Brands appoints new CFO
Business Day - Apr 12th 2011, 00:00
Tiger Brands has appointed Olufunke Ighodaro as its new Chief Financial Officer (CFO) with effect from 1 June 2011.
As a consequence, the current acting CFO, Clive Vaux, will remain as an executive director in the company.
"Ighodaro is currently the CFO of Primedia Pty Ltd, a position she has held since September 2001. She was previously an Executive Director of Kagiso Trust Investment Company and worked in corporate finance at Standard Corporate and Merchant Bank for two years," Tiger Brands said in the statement on Tuesday.
Tiger Brands also announced the resignations of Neil Brimacombe and Bongiwe Njobe as executive officers with effect from 30 April 2011.
They will retain their executive management responsibilities.
Tiger Brands still reeling from listeriosis aftershock
26/11/2019 - 09:41
Tiger Brands continued to feel the effects of the listeriosis outbreak in the year to the end of September after the food producer suffered an impairment charge in its value-added meat products (Vamp), following a slower-than-anticipated recovery in the division.
Processed meats units continue to take toll on Tiger Brands
22/11/2019 - 15:10
Food producer Tiger Brands, which is still reeling from the backlash of the listeriosis crisis, said the slow recovery in its value-added meats businesses ensured operating income fell by a fifth in its year to end-September.
Tiger Brands considers disposing of value-added meat business
11/11/2019 - 09:22
SA’s largest food producer, Tiger Brands, is considering disposing of its value-added meat products business (Vamp), saying on Friday it had determined it was not an ideal fit in the business.
South Africans are spending less on their weekly shopping trip
23/05/2019 - 09:44
Tiger Brands, which carries brands including Koo canned foods, All Gold, and Tastic rice, said that revenue from continuing operations fell 2% to R15.4 billion in the interim period.
Tiger Brands reports lower sales in wake of the listeriosis crisis
22/05/2019 - 09:29
Tiger Brands, which was named as the culprit in the 2018 listeriosis outbreak, says sales in the six months to end-March edged lower because of a slump in processed-meat sales and weak revenues from outside SA.