South Africa’s Texton Property Limited said it has appointed Mr Marius Muller as Texton’s Interim Chief Executive Officer.
Marius Muller who is currently an Independent Non-Executive Director of the Board will take charge with immediate effect in order to effect a handover from Ms Balfour, the incumbent Chief Executive Officer.
Marius’ career in the property industry has spanned 25 years and he is the Founder and Chief Executive Officer of Venator Capital, a real estate advisory and consultancy practice. Prior to establishing Venator Capital he held the position of Chief Executive Officer of Pareto Limited, an unlisted property company, for 6 years.
Marius has served as a director on various boards of JSE-listed property companies including Resilient REIT Limited and Pangbourne Properties Limited. In addition, Marius held two terms as the President and Chairman of the South African Council of Shopping Centres. The Board looks forward to his contribution to the Company as Interim Chief Executive Officer.
The process to appoint a permanent Chief Executive Officer is underway.