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BELL EQUIPMENT LIMITED - Appointment Of Chief Executive Designate

Release Date: 08/06/2017 16:30
Code(s): BEL     PDF:  
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Appointment Of Chief Executive Designate

BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/013656/06)
Share code: BEL
ISIN: ZAE000028304
("Bell Equipment") or (“the Company”)

APPOINTMENT OF CHIEF EXECUTIVE DESIGNATE

The board of directors of Bell Equipment is pleased to announce
the appointment of Leon Goosen as Chief Executive Officer
designate.

He will succeed Gary Bell upon his planned retirement. Leon, aged
45, is currently Bell Equipment’s Chief Operating Officer and
executive director, positions he has held since December 2014 and
January 2009, respectively. Leon was a partner at Deloitte &
Touche in South Africa and Namibia prior to joining Bell in 2007.

Bell Equipment Limited chairman, John Barton, commented: “We are
delighted to be able to appoint at the helm of Bell Equipment a
successor of Leon’s caliber. As Chief Operating Officer Leon has
worked very closely with the Board and Gary over the past eight
years, and has made a considerable contribution to the strategic
direction of the group.”

“Following an extensive search process where the board considered
local and international candidates, we are pleased to appoint an
internal candidate that possesses such extensive knowledge of and
experience in our industry.”

“By announcing the successor now we will have the benefit of a
smooth handover in the Chief Executive’s office during the
transition period. My board colleagues join me in wishing Leon
every success during this transition phase and in his new role as
Chief Executive of Bell Equipment Limited.”



Richards Bay
8 JUNE 2017


Sponsor
INVESTEC BANK LIMITED

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