Richard Heis, previously global head of restructuring at KPMG (based in London), has been appointed by Steinhoff International as chief restructuring officer for the group.

Richard has some 25 years’ experience of restructuring complex and international groups.

Heather Sonn, acting chairperson of the company, comments: “We are delighted that Richard has agreed to join the group at this critical time and we are sure that his expertise and experience will bring significant benefit to the group as Steinhoff develops a plan to address the group’s financial indebtedness.”