Reunert finance chief to step down

Reunert Limited has announced that its group chief financial officer, Nick Thomson, will retire during the 2025 financial year, and the company is looking for a suitable successor.

Thomson has served as Reunert’s group chief financial officer since June 2015, before which he held similar positions at Afrox and Transnet Freight Rail.

“The board of directors of the company wishes to announce that, during the 2025 financial year, Nick Thomson will be retiring from his role as group chief financial officer and as an executive director of the company,” said Reunert.

It announced his planned retirement in accordance with paragraph 3.59 of the JSE Limited Listing Requirements, which obligates companies to inform the market of any change to the board of directors or company secretary.

“The transition process is being managed in accordance with a comprehensive and detailed plan and substantial progress has been made to identify and appoint Nick’s successor,” said Reunert.

“A further announcement will be made when Nick’s successor has been selected, and a date has been finalised for the new group CFO to take office.”

It added that Thomson will assist the group through the process and provide support to ensure a seamless handover of responsibilities.

Before joining the Reunert Group, Thomson served as CEO of Afrox Limited from April 2012 until May 2015. He also held a similar role at Transnet Freight Rail for over six years.

He holds a Bachelor of Commerce degree and a diploma in accounting from the University of KwaZulu-Natal.