• Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

  • Fool's paradise

    Greece's new leader is in the same position as the ANC in 1994, says Leopold Scholtz.

Loading...
See More

Kagiso Media CEO to step down

Nov 30 2012 12:00 Fin24

Related Articles

Kagiso Media posts jump in profit

Earnings rise for Kagiso Media

Kagiso, Tiso to form new BEE giant

Juta shareholders support Kagiso offer

BEE merger draws praise

Earnings rise for Kagiso Media

 

Johannesburg - The board of Kagiso Media [JSE:KGM] announced on Friday that Chief Executive Officer Murphy Morobe will step down next year after a six-year tenure at the helm of one of the most successful listed black owned media companies.

Morobe will work with the board of directors to find a suitable successor and will continue to act in the capacity of CEO until no later than 30 June 2013 or the appointment of the successor.

Board chairperson Maud Motanyane said: “The board of directors thanks Mr Morobe for his significant contribution to the growth of Kagiso Media in recent years and wishes him every success in his future endeavours.

“We believe strong foundations have been laid which will enable KML to achieve even greater success going forward.

Said Morobe: “It is always difficult to leave a place you’ve come to regard as your second home. However, based on my reading of where the company is, I consider it to be an opportune time to step down to allow the company to find a new leader to take the business forward.”

 

Follow Fin24 on Twitter and Facebook

kagiso media

NEXT ON FIN24X

 

Latest Articles

8 simple ways to earn extra money Read More...
6 motivational tips to help you save this year Read More...
Invest for Income Read More...
15 Investment Tips for 2015 Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...