Pick n Pay chair Gareth Ackerman spent much of the recent AGM roundly tearing into the government for the damage it has inflicted on the economy.
He also reminded those attending the event of the position of the controlling shareholders, the Ackerman family. It is little changed since the company listed more than 50 years ago and investors are aware of it when they buy into the company, said Ackerman. ... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an
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Pick n Pay woes: blame the family?Chair Gareth Ackerman has lashed out at the government over its execrable handling of the economy, but analysts say the controlling family should also look to itself for the retailer’s loss-making plight.
Source: FinancialMail - 🏆 20. / 63 Read more »