South Africa’s power utility company, Eskom has announced that CEO André de Ruyter will leave the company with immediate effect.
This was contained in a statement released by the state-owned enterprise on Wednesday, 22 February 2023.
“Following the convening of a special board meeting on 22 February 2023, the Eskom Board and Group Chief Executive André de Ruyter have reached a mutual agreement to curtail his notice period to 28 February 2023,” it said.
“The board further resolved that Mr de Ruyter will not be required to serve the balance of his notice period but that he will be released from his position with immediate effect.”
Eskom said arrangements to appoint an acting group chief executive are being finalised and will be communicated in the near future.
De Ruyter was initially set to serve a notice period ending on 31 March 2023.
Source: https://energynewsafrica.com