Outgoing Spur CEO: Covid-19 is worse than the global financial crisis - News Summed Up

Outgoing Spur CEO: Covid-19 is worse than the global financial crisis


Spur Corporation CEO Pierre van Tonder is stepping down after 24 years at the helm. Pierre van Tonder was still in school when he took on his first job as a waiter to earn extra money. The June 2019 annual results showed the brands RocoMamas and Hussar Grill grew restaurant sales by 7.5 and 13.4%, respectively. He led the group through the 2008 global financial crisis, but he believed the impact of Covid-19 was worse. But van Tonder is not yet ready to slow down, and sit by the sea or go fishing, as he put it.


Source: News 24 July 22, 2020 02:37 UTC



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