Steinhoff CFO to step down

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Steinhoff CFO to step down
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Finance boss Philip Dieperink will be replaced by operations director Theodore de Klerk

Steinhoff International says Philip Dieperink will step down as finance chief after the embattled retailer’s AGM at the end of August.

In June, Steinhoff published its second set of full-year audited earnings in as many months. The company reduced its annual loss 70% to €1.2bn in the year to end-September. “Theo has been with the group in various positions since 2003 and is well-qualified for the post,” Steinhoff said.played an important role” in negotiating and finalising the company’s debt restructurings, and in the process leading towards the implementation of the company voluntary arrangement process.

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