Imraan Soomra, the CEO of embattled Cape City-based fishing group Oceana which additionally owns the favored Fortunate Star tinned fish model, has resigned with speedy impact.
This was confirmed by the group in a JSE Sens assertion on Tuesday afternoon.
The timing of Soomra’s resignation raises crimson flags because it follows a number of delays within the group publishing its newest monetary outcomes and comes only a week after Oceana positioned its CFO Hajra Karrim on a “precautionary” suspension.
“Mr Soomra voluntarily submitted his resignation on the phrases offered for in his contract of employment and his resignation was accepted by the corporate,” Oceana’s Sens assertion notes.
“Mr Soomra’s resignation as director is with impact from 14 February 2022 and his employment will terminate with impact from the tip of February 2022.
“The corporate thanks Mr Soomra for his service to it through the years of his employment since 2013 and desires him properly in his future endeavours,” it provides.
Oceana has appointed Neville Brink as its interim CEO. Brink joined Oceana from Federal Marine in 1995 because the advertising director of what was then the Oceana Fishing Division.
“In 2005, Neville was appointed as managing director of Oceana Lobster and Calamari Fishing, after which to the place of managing director of Blue Continent Merchandise from 1 February 2011,” in keeping with the group.
“With a profession spanning greater than 30 years within the fishing business, Neville has a wealth of expertise in main companies efficiently on this business. He has deep operational data of all areas of the Oceana divisions and is supported by a succesful government staff which is able to play a vital function to make sure stability by means of this era of change.”