Eskom CEO Andrè de Ruyter leaves with immediate effect

Eskom has announced that its CEO Andrè de Ruyter is leaving the state-owned power utility, with immediate effect.

In a statement released late on Wednesday, the power utility said: “Following the convening of a special board meeting on 22 February 2023, the Eskom board and Group Chief Executive (GCE) Andrè de Ruyter have reached mutual agreement to curtail his notice period to 28 February 2023.

“The board further resolved that 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.”

De Ruyter resigned from the struggling parastatal in December, after three years at the helm. His last day was set to be 31 March 2023, according to board chairperson, Mpho Makwana’s statement at the time.

Read:
André de Ruyter resigns as Eskom CEO

On Wednesday Eskom said acting GCE arrangements are being finalised with the shareholder minister and will be communicated shortly.

Developing story.

Source: moneyweb.co.za