Richard Farber, Discovery CFO, to step down

Richard Farber (pictured), current CFO and group FD of Discovery Limited, will be stepping down as of 31 December 2016.

The group said in its recent JSE SENS announcement:

"Mr Farber will be relocating to Australia but will remain as a director on the board of the company. A process is underway to appoint a replacement and further details will be communicated in due course."

Farber has been the FD of Discovery Holdings Limited since July 1 2009, and served as CFO since 2003. He has also been an Executive Director of Discovery Limited since July 1, 2009, and serves as a Director of The Vitality Group, Inc. Farber is both a CA (registered with the South African Institute of Chartered Accountants) and Management Accountant (registered with the Chartered Instituted of Management Accountants). He graduated from the University of the Witwatersrand with a Bachelor of Commerce degree (Honours) in Financial Accounting.

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