Johann le Roux will serve as the acting CEO of Zeder for an interim period starting 1 October.
Zeder Investments has announced the appointment of current CFO Johann le Roux as acting CEO for an interim period starting 1 October. Johann will be taking over from outgoing CEO Norman Celliers, who has resigned after eight years with the group.
Norman will be available to advise the Zeder board, to the extent required, following his resignation.
Johann has been with Zeder since 2014 as an investment manager. He was appointed as CFO of Zeder Investments in September 2016 and serves as its executive director. He also serves as a director of Kaap Agri, Zaad Holdings and Capespan Group. He is a qualified CA(SA) and holds an HDip (tax) and a B.Acc from the University of Stellenbosch. He also has a CTA qualification from the University of South Africa.
The group has also announced that it will be reconsidering its strategy going forward, following the disposal of Pioneer Foods and Quantum Foods.
According to the statement, the company is currently investigating whether to change the Zeder strategy, including one of value unlocking in a responsible way. Zeder has excellent investee companies that can benefit from African expansion and further investment. These companies are well positioned to continue to play a meaningful role and expand their footprint locally and on the continent. Zeder will in due course communicate in more detail to the market.