Reunert Names Mark Kathan as Successor to Retiring CFO Nick Thomson
Reunert appoints Mark Kathan as new CFO, succeeding retiring Nick Thomson in 2025, ensuring a seamless leadership transition and financial continuity.
Reunert shareholders (“Shareholders”) are referred to the announcement published on SENS on Thursday, 21 November 2024, wherein Shareholders were advised of, inter alia, Mr Nick Thomson’s pending retirement from his role as Group Chief Financial Officer (“Group CFO”).
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, and in line with the Company’s succession plan, the board of directors of the Company (“Board”) is pleased to announce that Mr Mark Kathan has been appointed as Nick’s successor. Mark will join Reunert on 1 March 2025, and will assume the role of Group CFO and executive director on 1 April 2025.
Mark is a qualified Chartered Accountant (South Africa) with an Advanced Management Program Certificate from Harvard Business School. He has extensive financial management experience, having previously served as Chief Financial Officer of AECI Limited (“AECI”) between 2008 and 2022, and as an AECI board member from 2008 to 2023. Prior to joining AECI, Mark served in several senior financial roles at Nampak Limited and served on their group executive committee. With Mark’s strong strategic and finance experience, the Board is confident that he will add value to the Reunert group of companies. The Board welcomes and congratulates Mark on his appointment.
Nick will retire as Group CFO on 31 March 2025 and from the Board on 30 September 2025. During this period, he will support Mark in his new role and assist with the execution of various projects. The Board wishes to thank Nick for making himself available to ensure a smooth succession process. The Board further extends its sincere gratitude for Nick’s exemplary service to Reunert since his appointment to the Board on 15 June 2015. Reunert benefited greatly from Nick’s extensive financial and commercial experience, insightful leadership, and his commitment to the Group. During his tenure Nick has been instrumental to the Group successfully delivering on its strategic and operational objectives.
