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Texton appoints interim CEO


Texton Property Fund has appointed Marius Muller as interim Chief Executive Officer with immediate effect.

Muller currently serves as an Independent Non-Executive Director of the Board ah he will facilitate a smooth handover with NosiphiwoBalfour over the coming weeks.

Marius’ career spans twenty-five years and he is the Founder and CEO of Venator Capital, a real estate advisory and consultancy practice. Prior to establishing Venator Capital, he held the position of CEO of Pareto Limited for six years. He has served as a director on various boards of JSE-listed property companies including Resilient REIT Limited and Pangbourne Properties Limited. Marius has also held two terms as the President and Chairman of the South African Council of Shopping Centres.

Dempsey Naidoo, Board Chairman commented:

We’re very happy to have someone of Marius’ experience and calibre step in during this transition period for Texton. As the Board, our aim is to cause as little disruption as possible for both shareholders and employees, hence the handover period between Marius and Ms Balfour will take effect immediately.