Spar plans to announce a new chair and additional independent directors by early November 2026
Bloomberg reports the planned board changes come as Spar’s turnaround has yet to deliver a meaningful improvement in earnings.
TLDR
Bloomberg reports Spar Group plans to announce a new chair and additional independent directors by early November 2026. The company, South Africa’s second-largest grocer by revenue, is pursuing a turnaround that has yet to deliver a meaningful improvement in earnings.
Combined views
19.2K
1 Source, first seen 5h ago
likes