New Dis-Chem CEO and his exec team set to own R750m of the group

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New Dis-Chem CEO and his exec team set to own R750m of the group
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Dis-Chem CEO Ivan Saltzman to step down next month

Dis-Chem’s incoming CEO, Rui Morais, and his executive team are in line to get R750m worth of the pharmacy group’s shares from the stake owned by the Saltzman family, who founded the company 45 years ago.

On Monday, the group announced that the family’s patriarch, Ivan Saltzman, would step down as CEO in June and hand over the reins to Morais, currently the group’s CFO...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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