Peregrine Holdings has said that, following CEO Jonathan Hertz stepping down as of end June, it has appointed Rob Katz as interim CEO, effective 1 August 2017. Rob was a nominee both this year and in 2016, for the CFO of the Year Awards.
"You cannot afford to crack under the pressure. You can never go backwards; you have to go forward," Rob said in a previous interview with CFO SA.
Peregrine further noted that the appointment of a permanent CEO would only be made following certainty being reached on a proposed restructure. According to Peregrine, the board has run a search process resulting in a short-list of potential candidates from which an appointment could be made in the near future.
Dispensation has been obtained from the JSE for Rob to continue in his role as CFO during this interim period.
