Truworths announces CFO resignation

Retailer Truworths International has announced the resignation of Quentin Scorgie, the incumbent chief financial officer, as director of the company and its subsidiaries with effect from 30 October 2009.

"Quentin, who was recently appointed, has resolved to return to Johannesburg where his family has remained located since his appointment," Truworths said.

"In announcing the resignation today Michael Mark, the chief executive officer, wished him well for his future and indicated that the process of finding an appropriate replacement had commenced, whilst plans to ensure the ongoing professional functioning of the business portfolios overseen by Quentin were in hand," the group concluded.

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