Teichmann was flanked by the Chairman of the Sharks Board of Directors Stephen Saad and the current CEO John Smit at the press conference this morning, who will aid Teichmann in the transition process before Smit officially leaves the Union in October.
Saad said they received over 20 applicants where they had six key criteria to choose from, he believes Teichmann ticks all the boxes.
“Apart from his rugby attributes, he has a sound financial track record and has successfully run a business for close on 20 years now, which has an impressive turnover annually.”