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Spur Corporation chief operating officer Mark Farrelly announced his resignation six weeks after the group’s longtime chief executive announced his resignation.
In a statement Monday, Spur said Farrelly resigned from the group effective Aug. 31. He was appointed COO of the group in 2012, with responsibility for developing and implementing its strategy in South Africa.
Spur owns Spur Steak Ranches, Panarottis Italian food franchise, John Dory’s seafood restaurant, RocoMamas burger joint, and Hussar Grill steakhouse.
“Mark plans to continue his career outside of the public company environment and focus on managing his restaurant and property interests, which include being the lead franchisee for Spur International in New Zealand, where he owns the Spur restaurant in Auckland. “said Spur Corporation President Mike Bosman.
“On behalf of the board, I would like to thank Mark for his contribution to the group over the past three decades and for his leadership of the South African business through particularly challenging times. We wish him continued success in pursuing his business interests. “
– Compiled by Jan Cronje
