Steinhoff CEO/CFO Step Down

Posted 3 CommentsPosted in furniture, Leadership, Management, marketing, mattresses, Uncategorized

Markus Jooste, CEO for Steinhoff and Ben la Grange acting CFO, both step down under growing concerns about accounting irregularities. Markus led Steinhoff on a great run acquiring companies and growing Steinhoff into the second largest retailer in all of Europe finishing right behind IKEA. Their stock took a 60% dive yesterday wiping out over […]