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SUN INTERNATIONAL APPOINTS A NEW NON-EXECUTIVE CHAIRMAN

Sun International - Sam Sithole - hotels-sa.co.zaSun International - Sam Sithole - hotels-sa.co.za
Sun International - Sam Sithole - hotels-sa.co.zaSun International - Sam Sithole - hotels-sa.co.za

 

SUN INTERNATIONAL APPOINTS A NEW NON-EXECUTIVE CHAIRMAN

Hospitality and Gaming Group, Sun International, has appointed Sam Sithole as its new non-executive Chairman, effective 02 July 2021. He replaces Jabu Mabuza who recently passed away suddenly and tragically from Covid.

Sithole brings a wealth of experience to the role. He has been a member of the Sun International board since 2018 and is the CEO and co-founder of Value Capital Partners, which has a substantial shareholding in the Sun International group.

Commenting on the appointment, Sun International CEO Anthony Leeming said, “Sam Sithole’s history with the company has given him valuable knowledge and insight, and his more than 20 years of experience in finance and investment will serve us well. The board and management of Sun International congratulate Sam on his new appointment and welcome him as Chairman.”

Sithole is also a director of several JSE listed companies including technology giant Altron, workplace solutions provider Adcorp and Metair Investments.

About Sam Sithole

A chartered accountant by training, Sam Sithole is the CEO and Co-Founder of Value Capital Partners Pty Limited (‘VCP’), an activist investment firm with several strategic investments in JSE listed companies. He was appointed to the board of Sun International in June 2018 representing VCP as one of Sun’s largest shareholders. An experienced investment executive, Sam was previously at Brait for more than eight years in different roles as Group Financial Director, Executive Director – Capital & Treasury and a member of the Investment Team. Prior to Brait, Sam was a Deloitte partner, where he spent six years as an Audit Partner and departed the firm as Group Leader for the Financial Services Audit Practice in Johannesburg. He currently also holds JSE listed directorships, amongst others, in Altron, Adcorp and Metair.

Sun International - Sam Sithole - hotels-sa.co.za