South African businesswoman Wendy Luhabe is stepping down as Chair of Pepkor — the JSE-listed group behind PEP, Ackermans and HiFi Corp.
Luhabe, who has chaired the board since December 2020, will leave on 30 June, citing a desire to scale back her board commitments. She stepped down as Chair of food group Libstar last year.
Former Sanlam Group CEO Ian Kirk, currently Pepkor's lead independent director, will act as Chair while a successor is sought.
Luhabe retains a non-executive board seat at Swiss luxury group Richemont.