Wilson Bayly Holmes-Ovcon Limited announced that Mr. Louwtjie Nel has stepped down as CEO of the Group, effective 20 November 2019 at the Company's AGM and will become Chairman on that date; Mr. Wolfgang Neff officially assumes the position of CEO of the Group on Louwtjie's change in roles at the AGM, effective 20 November 2019. Mr. Mike Wylie retired at the AGM on 20th November 2019 as executive chairman. He served as chairman of the board for 17 years.

Mr. Wolfgang Neff will join the board with effect from 20 November 2019 as an executive director in the capacity as CEO.