Italtile CEO Jan Potgieter: Record financial results, succession planning and prospects

Italtile's outgoing chief executive Jan Potgieter joined the BizNews Power Hour on a day that the retailer announced record financial results. Italtile has been one of the best performing companies on the JSE for the better part of a decade with management's decision making and capital allocation at the centre of its success. The home improvement trend has been a tailwind for the industry but Jan remains confident that its disciplined investment in organic growth will continue to lead the business to new heights. Jan's tenure ends in December, another unfortunate case of 'brain drain' in South Africa, although he outlines his successor Lance Foxcroft is a more than able replacement to lead one of the darlings of the local bourse. Learn more about your ad choices. Visit megaphone.fm/adchoices