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Sun International names Stephens as new chief

SUN INTERNATIONAL has appointed Graeme Stephens, its director of new business development, as chief executive from February next year.

Stephens, who has 13 years experience in investment banking, will take over the role from acting chief executive Garth Collins.

Prior to joining Sun International last year, Stephens spent seven years with Kerzner International, where he was the senior vice-president of project development.

He was instrumental in securing a number of new hotel and casino opportunities for Kerzner International, established by Sol Kerzner, who also founded Sun International.

Sun International also appointed Peter Bacon an independent non-executive director from February 1 next year.

Bacon, a previous executive director and chief executive of the firm, has more than 35 years experience in the hospitality, resorts and gaming industry.

Meanwhile, the hotel group is facing a threat by Cosatu to disrupt the Nedbank Golf Challenge, which runs from Thursday to December 2.

Cosatu wants Sun International to pay workers about R26 million, which it says is owed to them for overtime, public holidays and gratuities.

– Asha Speckman and Sapa

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