Virgin Active promotes South Africa MD Mark Field to group CFO


Mark will take on the role of Virgin Active CFO when a successor for his current role has been appointed.

Virgin Active has announced the internal promotion of Mark Field, who is currently managing director of Virgin Active South Africa, to group CFO. He will take up this new position once his replacement as MD has been announced.

Mark joined Virgin Active South Africa in 2001 as its FD and was promoted to MD in 2006, tasked with assisting the group in pursuing a capital markets strategy for the entire Virgin Active Group.

The group has also appointed Dean Kowarski, founder of Real Foods, as its new group CEO. He will be taking over from Matthew Bucknall, who had previously announced his intention to retire 25 years after co-founding the business. Matthew will remain as a special advisor to the board and as a non-executive director of Virgin Active Italy.

Virgin Active also separately announced that it has acquired the nutrition assets of The Real Foods Group for £28.6 million (about R580 million). Upon implementation, the Real Foods Group nutrition assets will be combined with Virgin Active to create a wellness group.

Related articles

CFO Brad Wentzel has found a new SPARK

In May, Brad Wentzel became the new CFO of SPARK Schools, a network of private schools offering affordable, globally competitive education.