Reunert Limited Announces Resignation of Mark Taylor as Executive Director
August 26, 2019 at 04:31 pm EDT
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Reunert Limited announced that Mr. Mark Taylor, an executive director of the Company, with executive responsibility for the Information Communication Technologies (ICT) Segment, has tendered his resignation from the Reunert board of directors ("Board"), with effect from 1 October 2019. Mark's resignation is due to his decision to emigrate during the latter part of the 2020 calendar year. The Board respects his decision and would like to thank him for the valuable contribution he has made to the Company during his tenure. Mark will step down from the Reunert Board at the beginning of the 2020 financial year, on 1 October 2019. In order to ensure continuity and a structured handover, Mark will be serving an extended notice period and his employment relationship with Reunert will continue into the 2020 calendar year.
Reunert Limited is a diversified group organized around 3 areas of activity:
- electric engineering services (51.9% of net sales): design, manufacturing, installation and maintenance of electric cables, fiber optics, transformers, low, medium and high voltage switching systems, etc. primarily for the public services, mining industry and real estate construction sectors;
- telecommunication services (22.2%): design and development of office solutions and vocal communication systems, and networking of data for professionals, individuals, government administrations and parastatal companies;
- design and manufacturing of defense systems and equipment (25.8%): communication tactic systems, terrestrial and naval research systems, fuses, artillery products, etc.;
- other (0.1%).
Net sales are distributed geographically as follows: South Africa (70.8%), Africa (15.1%), Asia (5.6%), Europe (4.9%), Australia (1.9%) and Americas (1.7%).
REUNERT LIMITED 
