CAPE TOWN - Steinhoff Africa Retail (STAR) has confirmed the resignation of Tekkie Town CEO Bernard Mostert, the COO, Dawie van Niekerk, CIO Willem Wait and chief procurement officer, Mike Brown.
Additionally, as 100 staff members staged the walk-out.
According to Fin 24, this is due to the disagreements between STAR bosses and Tekkie Town’s founder and former STAR Property Division chair Braam van Huyssteen, who resigned from this position last month.
Van Huyssteen was removed from his position as chairman of the Speciality Fashion and Footwear division by the Star executive.
Mostert confirmed to Fin24 that he resigned from his position, adding that the higher-ups made his position and the continued growth of the business untenable.