Eskom board clashes with Gordhan over CEO selection

Hanno Labuschagne

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Eskom board clashes with Gordhan over CEO selection

The protracted search for Eskom Holdings SOC Ltd.’s new chief executive officer has raised tensions between the South African government minister that oversees the state utility and its board, according to people familiar with the matter.

André de Ruyter announced his resignation as CEO nine months ago, yet a permanent replacement hasn’t been named despite an ongoing energy crisis that is taking an ever-increasing toll on the economy.

[Bloomberg]
 
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