Leadership shakeup at iOCO
iOCO interim CEO Marius de la Rey has resigned with immediate effect. Directors and shareholders Rhys Summerton and Dennis Venter have been appointed as joint CEOs and executive directors in his stead.
"Rhys will be directly focused on capital allocation decisions and group strategy, while Dennis will focus on revenue generation initiatives," the company said in a notice to shareholders on Thursday afternoon.
iOCO interim CEO Marius de la Rey has resigned with immediate effect. Directors and shareholders Rhys Summerton and Dennis Venter have been appointed as joint CEOs and executive directors in his stead.
"Rhys will be directly focused on capital allocation decisions and group strategy, while Dennis will focus on revenue generation initiatives," the company said in a notice to shareholders on Thursday afternoon.