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

 
 
 

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

sponsored content
Sanral arrogant and evasive - JPSA 2014-09-04 09:13

Lawyers representing Justice Project SA have labelled responses they received from Sanral's legal team relating to e-tolls as surprisingly arrogant and evasive.

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

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