Steinhoff’s CEO resigns following investigation into accounting irregularities

Steinhoff’s CEO resigns following investigation into accounting irregularities
Markus Jooste, CEO of Steinhoff International, Europe’s second-largest furniture retailer by sales, has resigned on the 6th of December, with immediate effect, after the company had launched an investigation into accounting irregularities.    Further on, The Supervisory Board of the German company, in consultation with the statutory auditors of Steinhoff, has approached PWC to perform an independent investigation.    The Supervisory Board has immediately appointed its Chairman, Dr. Christo Wiese, as Executive Chairman (Delegated Supervisory Chairman) on an interim basis. In addition, Pieter Erasmus, the previous CEO of Pepkor Group, has agreed ...

Register for unlimited access

We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!
(approximately $22.8, Paypal exchange rate)
Checkout Options
Yearly subscription - 249€/12 months
password strength indicator
Additional Info




We Accept PayPal
Billing Address

Keywords