Gold Circle Board Announcement

Following the Gold Circle Annual General Meeting held last week, and confirmed yesterday at a Directors meeting, Gold Circle, the Racecourse and Betting Operator in KwaZulu-Natal, is pleased to announce its new Board of Directors.



Robert Mauvis and Moses Tembe were re-elected Chairman and Vice-chairman of the company respectively.



The appointed directors of the Board are:



Neil Butcher, Koos de Klerk, Paul Lafferty, Phumla Mnganga, Babu Nunan, Greg Petzer, Lindiwe Rakharebe, Steve Sturlese and CEO Michel Nairac.



Koos de Klerk was appointed to chair of the company’s Audit Committee while Greg Petzer will chair the Remunerations Committee.



Phumla Mnganga will chair the Social and Ethics Committee while Neil Butcher will be Chairman of the Racing Committee as well as Chairman of the Gold Circle Racing Club.

Interesting, Petzer and Rakharebe were not on the election role and have obviously been co opted.

Was michel nairac not teh previous CEO and was shipped back to maurituis due to some GC investigation???

@Hibernia
Is G Hawkins still part of GC?

Doyen Wrote:

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> @Hibernia
> Is G Hawkins still part of GC?


He is the Racing & Marketing Director of GC

Michel Niarac was an employee of Gold Circle in the previous era and paid out without anyone knowing why but there seemed some controversy. 4 other senior employees were paid off and they are now back in the employee of Gold Circle except for Colin Aitken.

the good Wrote:

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> Michel Niarac was an employee of Gold Circle in
> the previous era and paid out without anyone
> knowing why but there seemed some controversy. 4
> other senior employees were paid off and they are
> now back in the employee of Gold Circle except for
> Colin Aitken.


yes recall the episode like it was yesterday and one or two decisions taken for the good of the game which have come back to haunt....also the dismissal of lance benson and the supposedly ensuing court case ,has it ever been to court?

After the sale of Clairwood, Gold Circle is flush again..