Rael Levitt steps down
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2012-02-27 21:27:00
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Auction Alliance CEO Rael Levitt will step down with immediate effect, the company announced on Monday.
The Board of Auction Alliance has agreed that Rael Levitt will step down as its Chief Executive Officer with immediate effect, pending the outcome of the independent investigation.
The Board of Auction Alliance has agreed that Rael Levitt will step down as its Chief Executive Officer with immediate effect, pending the outcome of the independent investigation instituted by the Board last week into the allegations published in the media.
Bruce Sneddon, Auction Alliance’s current CFO, will manage the company as acting CEO, working with Peter Moyo, a well-known businessman & CEO of Amabubesi Group.
