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Illovo Sugar MD resigns

With effect from August 31.

Illovo Sugar‘s Managing Director Graham Clark will resign from the board with effect from August 31 2013.

According to its SENS announcement he will leave Illovo at the end of September 2013 and intends to pursue “a new career opportunity elsewhere in Africa.” Clark has served on the Illovo board since 1997, and as Managing Director since 2009.

Gavin Dalgleish who currently serves as Illovo’s Group Operations director, will take over as MD.

Illovo closed 0.94% down at R30.71.

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