Astral Foods Announces Retirement of CEO and Executive Director

Chris Schutte to Step Down After 41 Years in the Poultry Industry

Astral Foods Limited, a leading integrated poultry producer in South Africa, has announced the retirement of CEO and Executive Director Chris Schutte.

Schutte has worked in the poultry industry for 41 years and has held various leadership positions at Astral Foods, including Managing Director of the Feed Division. He was appointed as CEO in 2004 and has led the company through a period of significant growth and expansion.

Astral Foods is South Africa's leading integrated poultry producer, established and listed on the Johannesburg Stock Exchange (JSE) in 2001. The company has a wide range of operations, including poultry breeding, feed production, processing, and distribution.

Schutte's retirement will take effect at the end of June 2023. The company's board of directors has appointed Johan Botha, currently the Chief Operating Officer, as his successor.

Botha has extensive experience in the poultry industry and has held key positions at Astral Foods for over 20 years. The board believes that he has the skills and experience to lead Astral Foods into the future and continue the company's success.

Schutte's legacy at Astral Foods is one of innovation and growth. He has played a key role in the company's transformation into a leading integrated poultry producer and has consistently delivered strong financial results.

His retirement marks the end of an era for Astral Foods, but the company is confident that it is well-positioned for the future under the leadership of Johan Botha.