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Grand Parade’s CEO resigns

To take the reins at GPI Foods.

Grand Parade Investments’ (GPI) Alan Keet is stepping down from his position as executive director and CEO to head GPI’s Foods division as of March 20 2017.

He was assigned operational responsibility for the Foods division on March 1 2016, following the resignation of the former CEO of Burger King South Africa, and mandated to build the burger franchise towards profitability.

“In the past 12 months Keet has achieved the objectives that were set for him and has made significant progress in the establishment of a substantial Foods division, which now includes the Dunkin’ Donuts and Baskin-Robbins QSR brands,” the company’s Sens states.

“Given the relative size of the Foods division in the GPI investment portfolio, the GPI board believes it appropriate that Keet focus entirely on the Foods division going forward.”

Keet was appointed GPI’s CEO on April 10 2012. According to Bloomberg here, he joined GPI after 23 years at Nolands Incorporated, where he was CEO, served his articles and became a partner in 1998. He has also been a non-executive director of Spur Corporation since February 2015.

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