Chris Schutte intends to retire because the CEO of Astral Meals.
His deliberate retirement date can be January 30, 2025, which will coincide with the corporate’s subsequent annual basic assembly, in accordance with a assertion from Astral Meals. The method of trying to find a alternative has begun.
Schutte joined the South African poultry and feed firm in 2002 as retail gross sales supervisor for subsidiary Meadow Meals. In 2004, he was promoted to managing director of Astral’s Feed Division. He joined Astral’s Board of Administrators in 2006, and in 2009, was promoted to his present function as CEO.
“Though we’re saddened by Chris’ determination, we respect his request for retirement with the utmost understanding and sympathy for his private and household circumstances. Chris has been a poultry man for 41 years, steadfastly serving the South African poultry {industry}. Chris has been on the helm, main Astral for the previous 16 years, on the similar time reaching the recognition as one of many longest serving CEOs of a listed JSE firm. Chris has a really particular set of administration and board abilities, with a wealth of information within the poultry {industry},” mentioned Theuns Eloff, non-executive director of Astral Meals.
Schutte, who can be Astral Meals’ necessary retirement age of 65 in 2025, has agreed to seek the advice of to Astral Meals for one yr, following his retirement as CEO. Throughout this time, Schutte will work with the brand new CEO as that individual transitions into the function. He will even proceed to facilitate stakeholder engagement and supply strategic perception to the Astral Meals board and government staff.
“I’ve all the time concerned my (government staff) in our dealings with a myriad of stakeholders, and this well-established staff is very skilled and considered best-in-industry. I’m assured that I’m handing over to a reliable staff who’re prepared and capable of take the group ahead in the following part of Astral’s progress journey.
In 2023, Astral Meals slaughtered 290 million broilers, making it Africa’s largest poultry producer. Globally, Astral Meals ranks as the 33rd largest poultry producer and the 100th largest feed producer.
