Douglas Craigie Stevenson has resigned as CEO of Cell C, effective 31 March 2023.<\/p>\n
Blue Label Telecoms, a major publicly-traded stakeholder in Cell C, informed shareholders of Craigie Stevenson\u2019s resignation via the JSE news service.<\/p>\n
\u201cDouglas has elected to resign for personal reasons and to pursue other opportunities in line with his personal career goals,\u201d Blue Label stated.<\/p>\n
\u201cWe thank Douglas for his valued contribution and for successfully assisting in navigating Cell C through the recapitalisation process,\u201d said Cell C board chairman Joe Mthimunye.<\/p>\n
\u201cThrough the implementation of Cell C\u2019s new strategy, he has directed the company, in conjunction with his management team, to improved financial stability, enhanced operational performance and established a path to sustainability.\u201d<\/p>\n
Brett Copans has been appointed interim CEO. He is also appointed to the board with immediate effect.<\/p>\n
Copans joined Cell C in April 2022 and was primarily responsible for ensuring the successful conclusion of the recapitalisation transaction.<\/p>\n
He was subsequently appointed as Chief Restructuring Officer<\/strong><\/a>.<\/p>\n Before joining Cell C, Copans spent 18 years at Investec Bank before founding Pentrich Financial Services, a specialist financial services business providing companies with capital raising, advisory and management services.<\/p>\n Cell C\u2019s board said it would begin a process to appoint a permanent CEO.<\/p>\n Blue Label Telecoms has announced that Cell C’s CEO, Douglas Craigie Stevenson, has resigned.<\/p>\n","protected":false},"author":15,"featured_media":383998,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[41906,14],"tags":[1017,83251,355,46291,35],"class_list":["post-484991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-telecoms","category-cellular","tag-blue-label-telecoms","tag-brett-copans","tag-cell-c","tag-douglas-craigie-stevenson","tag-headline"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/484991"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=484991"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/484991\/revisions"}],"predecessor-version":[{"id":484993,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/484991\/revisions\/484993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/383998"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=484991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=484991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=484991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nNow read: Cell C owes landlord millions<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"