SPAR Group Ltd Trading Statement Call Transcript
Good morning everyone, and thank you for joining us.
Before we turn to trading, I'd like to personally address my situation and my decision to step down as group CEO. After nearly 19 years with Spar, including leading the business through an exceptionally complex reset period, I've taken the decision to step down for personal reasons. The last 5 years in particular have required extraordinary focus and intensity. While I've been deeply committed to the business, it's people and our retailers. The role has come at a significant personal cost. It's time for me to prioritize my family after a demanding chapter. There's full alignment between myself, the board, and the incoming leadership team. I want to say clearly that both Megan and Riza are exceptional leaders. They've been integral to the portfolio simplification, balance sheet stabilization, and the development of our margin recovery pathway.
I've worked alongside them through this reset phase. And I have complete confidence in their ability to lead the
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