Telkom CEO Sipho Maseko steps down 6 months earlier than planned
Telkom's outgoing CEO Sipho Maseko will step down earlier than planned at the end of December after eight years at the helm of South Africa's third-biggest telecoms provider.
Telkom's group CEO Sipho Maseko poses for a photograph after an interview with Reuters in Centurion, South Africa 28 May 2018. Reuters/Siphiwe Sibeko
Maseko was due to step down at the end of June next year, with group CEO designate Serame Taukobong taking over from July. Maseko will remain an employee of Telkom till 30 June 2022 and will be available to the board in an advisory capacity, Telkom said.
Taukobong will now take up his new position from 1 January, Telkom said, adding that "the leadership transition plan is progressing effectively."
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/
