Tiger Brands CFO Noel Doyle appointed as new CEO
Doyle's appointment follows the retirement of 63 year old Lawrence MacDougall
Tiger Brands has announced the appointment of its CFO Noel Doyle as its new CEO with effect from 1 January.
About the appointment, Tiger Brands chairman Khotso Mokhele said:
“After a rigorous and extensive search process, the board and I are pleased to have appointed someone of Noel’s calibre, experience and ability to fill the CEO position.”
Prior to being appointed as CFO in August 2016, Doyle served as the food producer’s COO. Before this, he served as the company’s business executive of the grains and milling division. He has also previously served as the Tiger Brands CFO from 2003 to 2008. Following his resignation from Tiger Brands in 2008 amongst the bread price-fixing scandal, he served as the CEO for Bluespec Holdings and Nandos South Africa respectively.
Read more: Noel Doyle appointed Tiger Brands CFO
Doyle will be taking over from Lawrence Mac Dougall, who has retired with effect from 31 January, having reached the company’s mandatory retirement age of 63.
Dougall will exit the company on 31 March to ensure a smooth handover. Due to the timing of his retirement, he will no longer be available for re-election as a director.
According to a statement released by Tiger Brands, Dougall has been at the helm of the company since 2016.
Mokhele also thanked Dougall for almost four years of devoted service which “involved many accomplishments” and wished him all the best in his upcoming retirement and future endeavours.
“We want to thank Lawrence for almost four years of devoted service which involved many accomplishments and wish him all the best in his upcoming retirement and future endeavours.”