Spur Corporation Limited's board announced the appointment of Val Nichas as an group chief executive officer of Spur Corporation with effect from 1 January 2021. Val will succeed Pierre van Tonder who will be retiring from the group with effect from 31 December 2020 after 38 years' service. Val is a highly experienced strategist who has extensive experience in the restaurant sector and was formerly managing executive of Quick Service Restaurant (QSR) Brands at Famous Brands, responsible for a portfolio of franchised brands with over 600 restaurants across Steers, Fishaways and Giramundo. Val joined Famous Brands in 1999 as marketing director of Debonairs Pizza and later served as managing executive of Wimpy (then 506 restaurants) and Steers (then 492 restaurants) before her appointment as head of QSR Brands. Val has run her own consulting business for the past eight years, specialising in business strategy and planning. Her consulting clients have included companies in the restaurant and food sectors.