Press release


January 31, 2018

January 30, 2018

Phillip Matthee (or Phil, as he prefers to be known), currently group finance executive, has been appointed as financial director and an executive director of Spur Corporation with effect from 1 April 2018.  This follows the resignation of Ronel van Dijk as financial director with effect from 31 March 2018, as announced on 27 November 2017.

Phil qualified as a Chartered Accountant (SA) in 2002 and served as group accountant at Clicks Group before joining Spur Corporation in 2007. Phil has served as the company’s group finance executive, reporting to the financial director, since 2008 and has been a permanent invitee to board and all board subcommittee meetings. He has a strong working relationship with the board and his knowledge and understanding of the company’s business and its operations should ensure a smooth transition in the role.

“It is in our company ethos to promote from within, and there is no doubt that Phil has benefitted from his interaction with Ronel over the past ten years.  It goes without saying that we thank Ronel for her commitment and effort over the past 15 years and we wish her much success in her future endeavours.” – said Pierre van Tonder, Chief Executive Officer of Spur Corporation.

The board believes that Phil possesses the appropriate expertise and experience to fulfill the duties of the company’s financial director and will actively contribute to the development of the group’s strategy, ensuring the continuing success and sustainability of the company.

Commenting on his appointment, Phil paid tribute to Ronel and had no illusions about the task at hand. “Ronel was a great personal role model and mentor, who will be missed. I learnt a tremendous amount from her and she leaves behind big shoes to fill.  I am humbled by the faith that the board has in my ability to fulfill this role, and thank the directors for this opportunity.  I expect the role to be a challenge, but one which I am able to rise to, working with the immense talent pool within the group, as part of the team to take the group forward into our next 50 years. A word of thanks also to my finance team for their support and kind words of encouragement, and I look forward to supporting them during this journey.”