TFG has announced that Ralph Buddle, head of group finance and advisory at the firm, is now CFO.
CEO Anthony Thunström has been fulfilling the roles of CFO and CEO since the beginning of December.
One of SA’s largest clothing and homeware retailers, TFG’s brands include Jet, Sportscene, Totalsports, @home, Relay Jeans and Coricraft.
Buddle is an experienced chartered accountant with an extensive understanding of the retail sector, the group said. He was previously interim CFO of fishing firm Oceana Group and a senior finance executive at Woolworths.
Chair Michael Lewis congratulated Buddle on his new role. “We wish him well and look forward to his continued contributions to the group.”
TFG’s former CFO, Bongiwe Ntuli, resigned in October, and left at the end of November. It is not clear why she left.
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