Steinhoff chairman steps down in wake of accounting probe
In a statement, the company said Wiese had offered to resign from the board to reinforce the independent governance of the company of which he is a major shareholder. It also said the board had accepted his resignation “to address any possible conflict of interest that may exist”.
Heather Sonn, a member of the supervisory board and its independent sub-committee, has agreed to assume the position of acting chairperson. Sonn will remain a member of the independent committee together with the other two members, Johan van Zyl and Steve Booysen.
Steinhoff’s portfolio of retail brands includes Bensons for Beds, Harveys and Poundland.
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