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AIDC Eastern Cape suspends CEO pending investigation
The board of the Automotive Industry Development Centre Eastern Cape (AIDC-EC) has placed chief executive officer Thabo Shenxane on precautionary suspension pending the outcome of internal investigations into alleged transgressions. The suspension took effect on 25 June 2026.
Thabo Shenxane
In a statement, the organisation said the decision followed investigations into alleged transgressions within AIDC-EC, as well as concerns relating to internal culture that it said had begun affecting business operations.
Acting CEO appointed
To maintain operational continuity, the board said it had resolved to appoint an acting CEO with immediate effect.
AIDC-EC did not disclose the nature of the allegations or provide further details regarding the investigations.
Board calls for process to run its course
The board said it was treating the allegations and investigation process with seriousness, fairness and respect.
It also requested that the media allow the organisation time and space to conclude the matter within applicable legal processes.
No further details were provided regarding the expected duration of the suspension or timeline for the investigation.
