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AMSTERDAM - Prosus (OTC:PROSF) N.V. (AEX/JSE:PRX) announced Tuesday that independent non-executive director Cobus Stofberg will retire from the board, effective immediately.
Stofberg, who has been with the Naspers/Prosus group since 1985, was part of the founding team of the M-Net/MultiChoice pay-television business in South Africa. Throughout his tenure, he served in various leadership roles including financial manager, chief operating officer, and chief executive of multiple companies within the group until 2011.
He joined the Naspers board in October 2013 and has served on the Prosus board since August 2019 when the company was established.
Koos Bekker, chair of both Naspers and Prosus, acknowledged Stofberg’s contributions in a statement: "Cobus was absolutely pivotal to the development of our group. We owe him a huge debt of gratitude."
The board expressed appreciation for Stofberg’s commitment and significant contributions over the years, noting that his views and unique insight were highly valued.
Stofberg played a key role in the group’s international expansion efforts during his operational tenure with the company from 1985 to 2011.
Prosus, a global technology company with investments in more than 100 companies worldwide, focuses on building local ecommerce champions in growth markets, with leading positions in food delivery, classifieds, and fintech sectors.
The announcement was made via a press release statement issued from Amsterdam.
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