Steinhoff CFO steps down as crisis-hit retailer shuffles top team

Steinhoff's finance chief stepped down from the role on Thursday to focus on helping the South African retailer plug a €2.4-billion euro ($2.9-billion) hole in its finances after an accounting scandal. The owner of more than 40 multinational retail brands including Conforama, Mattress Firm and Poundland, revealed the "accounting irregularity" last month along with the immediate departure of its chief executive. Its chairperson briefly took the reins then also stepped down.