BREAKING: Eskom appoints new acting CEO

[f2wohf]

http://www.fin24.com/Economy/Eskom/breaking-eskom-appoints-new-acting-ceo-20170622

Cape Town - Eskom has appointed Johnny Dladla as its new acting group chief executive with immediate effect.

“Dladla has sufficient skills to excel in this role. He has 22 years of experience within the Eskom, 17 years invested in various non-regulated businesses and five years as chief executive officer for Eskom Enterprises and its subsidiaries,” said acting board chairperson Zethembe Khoza in a statement on Thursday.

“I welcome the appointment of Mr Dladla as it will bring further stability to Eskom and its executive team,” Public Enterprises Minister Lynne Brown said.

The appointment ends speculation that Matshela Koko would return to his role as acting chief executive.

He has been on special leave since Brian Molefe’s brief return to Eskom in May, after the Eskom board appointed Cliffe Decker Hofmeyr to investigate Koko for a potential conflict of interest relating to his stepdaughter.

Fin24 reported this week that the board had a copy of the report and was “interrogating” (sic) it before making a recommendation to Public Enterprises Minister Lynne Brown.

Gupta-owned The New Age reported on Thursday that the report cleared Koko, citing an Eskom source who said he should be made acting CEO. “The investigators have cleared Koko of any wrongdoing,” a source said. “This now makes him the front runner for the CEO’s position.”

However, Brown will probably only turn to the Cliffe Decker Hofmeyr report and the Eskom board’s recommendation regarding Koko next week.

Attention is currently on Eskom's annual general meeting, which will be held at Megawatt Park on Friday.

Brown sought Cabinet approval on Wednesday to appoint new board members and a new chairperson, whose names will be revealed at the AGM.

READ: Eskom board faces axing on Friday
Ben Ngubane resigned as chairperson last week, while Molefe’s reappointment was reversed in May amid the R30m early pension payout fiasco.

The new acting chief executive, chairperson and board face a gruelling period of court action, investigations and Parliamentary inquiries.

 

[f2wohf]

At least, he's not an ANC cadre and doesn't seem to have scandals behind him.

Let's hope that for once they have appointed a competent and not too corrupt one.

 

[Mike Hoxbig]

Another day, another 'acting' CEO at a state owned enterprise...

 

[lucifir]

eskom needs someone from outside the organisation as there is no doubt that most of the department heads are already part of the gupta alliance. Rather get an outsider to stop the rot.

 

[Vrotappel]

Lucrative job that of CEO @ Eskom. Work for a couple of months, get suspended, get golden handshake, rinse & repeat.

 

[f2wohf]

eskom needs someone from outside the organisation as there is no doubt that most of the department heads are already part of the gupta alliance. Rather get an outsider to stop the rot.

Actually, I was speaking a few weeks ago with an ex Eskom engineer (who resigned under Dames to create his own company) and he advised the exact opposite.

He was explaining that when Eskom was properly managed, there was very little government interference and the CEOs and most of the board were always engineers who climbed the ladder.

It started to go bad when the government started to meddle in the board and appoint external CEOs.

The Eskom Gupta guys are mostly at board level (external people), Matshela Koko is the only Eskom captured insider I can think of.

 

[lucifir]

I guess we just have to wait and see if he a gupta man ... but as you said, so far the last CEO was a gupta man, whats the chances of this guy not being one considering that the last 1 was an insider as well and this guy has been CEO of eskom enterprise, which I am sure would have had some gupta dealings.

In light of the current climate it would be best to get someone that has field knowledge but has not had any dealings with the guptas.