Reunert Limited has announced the appointment of Mark Kathan as its new Chief Financial Officer (CFO), succeeding Nick Thomson, who is set to retire in 2025. The leadership transition aims to ensure financial continuity and strategic stability for the company.
Kathan will officially join Reunert on March 1, 2025, before assuming the role of Group CFO and executive director on April 1, 2025. His appointment aligns with Reunert’s succession plan and complies with the JSE Limited Listings Requirements.
Extensive Financial Leadership Experience
A Chartered Accountant (South Africa) with an Advanced Management Program Certificate from Harvard Business School, Kathan brings extensive financial management experience to Reunert. He previously served as CFO of AECI Limited from 2008 to 2022 and was a board member at AECI until 2023. Before that, he held senior financial positions at Nampak Limited and was a member of its group executive committee.
The Reunert Board expressed confidence in Kathan’s ability to drive financial strategy and growth within the company. “With Mark’s strong strategic and finance experience, we are confident that he will add significant value to the Reunert group of companies,” the board stated.
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Thomson’s Retirement and Transition Period
Thomson will retire as Group CFO on March 31, 2025, and step down from the Board on September 30, 2025. During this period, he will work closely with Kathan to ensure a seamless leadership transition and support various strategic initiatives.
The Board extended its gratitude to Thomson for his decade-long service to Reunert, highlighting his financial expertise, leadership, and dedication to achieving the company’s strategic goals.
“Nick has been instrumental in driving the Group’s financial and operational success, and we deeply appreciate his contributions over the years,” the statement added.
Kathan’s appointment marks a new chapter for Reunert, reinforcing the company’s commitment to strong financial leadership and sustainable growth.