Eskom Group Chief Executive André de Ruyter resigns
Eskom Group Chief Executive André de Ruyter resigned on 14 December, as the longest serving CEO out of the last 11 who occupied the post..
Image source: ESI Africa
South Africa, Johannesburg: Eskom Group Chief Executive André de Ruyter resigned on 14 December.
The longest-serving CEO out of the last 11 who occupied the post, de Ruyter steps down as he came into the job, amidst acute loadshedding and extreme pressure.
The then ex-Nampak exec with experience in business turn-around was meant to take up the job in January 2022, but arrived at work earlier in December 2019 when Stage 6 loadshedding shook the country for the first time. Stage 6 hit the country again in late September and it has vacillated between 6 and 2 ever since.
The South African utility released a short press statement, at the same time quashing a rumour that Eskom Board Chairman Mpho Makwana would step into the hot seat.
The Eskom Board confirmed there was no plan for the chairman to become interim CEO and that a comprehensive executive search would be conducted to find a suitably qualified candidate.
“Mr de Ruyter has agreed to stay for an additional period beyond the stipulated 30-days’ notice to ensure continuity while we urgently embark on a search for his successor. His last day at Eskom will be 31 March 2023. On behalf of the Eskom Board, executive and the entire Eskom staff I thank de Ruyter for his extraordinary service to the people of South Africa,” said Makwana.
So far in 2022, the country has experienced 142 days of national load shedding, more than double that of 2021.
Source: ESI Africa
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