Phumelela Gaming and Leisure CEO John Stuart resigns

CFO South Africa 20 May 2020

John's resignation follows the company filing for voluntary business rescue due to Covid-19.

Phumelela Gaming and Leisure has announced the resignation of John Stuart as its CEO with immediate effect.

John was appointed as CEO in September 2018. According to a statement, he has seen the company through financial difficulties which have been exacerbated by the impact of Covid-19 and lockdown on the horse racing industry.

Phumelela also recently announced that it has filed for voluntary business rescue due to the deteriorating financial position.

In March, Andrew Langham was appointed as the company’s interim CFO.

CFO South Africa

Photo Gallery: 13 May 2026, CFO Day, The Marriott, Johannesburg

13 May 2026

Modernising the office of finance: A practical guide to accelerating AI-driven transformation

OneStream is the only enterprise finance platform that seamlessly unifies all financial and operational data, embeds AI to boost productivity, and adapts to fit your unique needs. Microsoft Partner of the Year and five-time leader in the Gartner Magic Quadrant, we know that finance teams need AI powered by verified data and trusted sources, ensuring full transparency and security.

01 April 2026

Photo Gallery: 19 March 2026, CFO Dinner, Westcliff, Johannesburg

20 March 2026

Pragma CFO Morné van Tonder’s role is more than just facts and figures

Morné van Tonder is not only a highly skilled CFO, but someone who has navigated profound personal highs and lows. The depth of empathy, resilience and practical good sense in his leadership goes beyond the numbers to define international success for Pragma.

04 August 2025

Photo Gallery: 29 May 2025, CFO Day, The Marriott Hotel, Melrose Arch, Johannesburg

29 May 2025

Mr Price’s Praneel Nundkumar explains the rise of the commercial CFO

Praneel Nundkumar, group CFO for Mr Price, is a results-oriented finance leader who champions a ‘commercial CFO’ approach. He believes that finance leaders must transcend traditional roles and actively partner with CEOs to drive strategic business outcomes.

03 February 2025