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Page 5 - Ascendis Health News Today : Breaking News, Live Updates & Top Stories | Vimarsana

STOCK TAKE | Mr Truworths may finally retire - and high drama in the AG office

Ascendis says investment holding company model is the best medicine

The struggling healthcare firm says it wants to move away from its extremely expensive corporate head office model, eyeing a structure more like an investment holding company, seeking to decentralise management and inculcate transparency and accountability.

Ascendis appoints Carl Neethling as acting CEO, tasks him with speeding up return to health

Neethling, who will earn R1 a month as acting CEO, has also been appointed as chief transition officer, tasked with a rapid transformation of a group still trying to put its debt problems behind it.

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