| Mon 30 Apr 2012, 9:00 | | REM - Remgro Limited - Passing of The Chief Executive Officer (CEO) |
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REM
REM
REM - Remgro Limited - Passing of The Chief Executive Officer ("CEO")
Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN: ZAE000026480
Share code: REM
("Remgro" or "the Company" or "the group")
PASSING OF THE CHIEF EXECUTIVE OFFICER ("CEO")
The Remgro Board announces with profound regret and sadness the death of its
Chief Executive Officer, Mr. Thys Visser. Thys (58) passed away following a car
accident on 26 April 2012.
In his 32 years with the group he left an indelible mark on the Company, its
investments, the employees of the group and the South African business landscape
at large. He was instrumental in building Remgro into a multi-billion Rand
investment company with an array of diverse investments, creating enormous value
for shareholders. The board and employees of Remgro wish to honour Thys for his
leadership, vision, integrity and esteemed contribution to the Company and
express their heartfelt sympathy and condolences to his wife Amanda and
children, Matthys and Riette.
Thys also served as chairman of Rainbow Chicken Limited, as a non-executive
director of RMB Holdings Limited and FirstRand Limited, as well as a director on
the boards of numerous listed companies, including Mediclinic International
Limited and Distell Group Limited.
Johann Rupert, chairman of Remgro, stated: "We have lost an irreplaceable
colleague. Thys was a wise man with impeccable judgement but, most of all, a
man of deep integrity. He was a friend to every one of us, a family man, father
and husband. His death is a great tragedy."
Following Mr Visser`s untimely death, Remgro will make an announcement regarding
his successor in due course.
Stellenbosch
30 April 2012
SponsorRAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 30/04/2012 09:00:01 Produced by the JSE SENS Department.
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