JOHANNESBURG – Spur Company’s Chief Govt Officer Pierre van Tonder will retire from the group on the finish of December after 24 years on the helm, the South African restaurant franchisor mentioned on Monday.
The 61-year-old has reworked the Cape City-based firm into one of many nation’s main restaurant companies with greater than 640 eating places throughout South Africa, the remainder of Africa, Mauritius, Australasia and the Center East.
He oversaw the enlargement of the model portfolio by way of in-house growth of manufacturers and the acquisition of smaller manufacturers like RocoMamas burger chain, The Hussar Grill and John Dory’s seafood and grill chain, Spur Company Chairman Mike Bosman mentioned in a press release.
Spur, proprietor of Spur Steak Ranches and Panarottis Pizza and Pasta chains, mentioned it has began on the lookout for a brand new Chief Govt and can take into account each inside and exterior candidates.
Van Tonder has served as managing director/Chief Executuve since 1996. He joined the group in 1982 as a junior restaurant supervisor and was appointed to the holding firm board 10 years later.
Spur, like its friends, has been severely hit by the coronavirus restrictions that noticed its shops closed for 5 weeks. From Could it slowly began re-opening a few of the eating places for supply solely however has since opened all for restricted sit-down buying and selling from June.
Spur’s restaurant gross sales slowed dramatically in March, dropping 46.7 p.c over the corresponding interval in 2019. Gross sales for the interval March 16 to March 31, following the declaration of the state of catastrophe and lockdown, tumbled 75.7 p.c, with buying and selling ceasing on March 26 for the lockdown, it mentioned.