Share

Koos Bekker to stay on at Naspers

Cape Town - The CEO of Naspers Limited [JSE:NPN], Koos Bekker, has agreed to extend his term until the end of March 2014.

Bekker's term was to have expired on March 31 2013.

Naspers chairperson Ton Vosloo announced at the group's annual general meeting in Cape Town on Friday that Bekker is to stay on for a further year, "to create sufficient space for succession planning".

Vosloo said: "In June it was with great sadness that Naspers announced the passing of Antonie Roux, CEO of our internet businesses.

"Antonie played a major role in Naspers’s international expansion and growth of its internet businesses. Not only did his family and friends lose a wonderful person – we have also lost an important successor in the Naspers group."

The late Roux started his career at Naspers 33 years ago as a junior technician and advanced through a number of management positions in various countries over the years.

In 1997 he became the founding head of MWEB. In 2002 he was appointed CEO of Naspers' internet operations and from April 2011 he was CEO of MIH.

"The 5-year term of ... Bekker will have expired at the end of March next year. So as to create sufficient space for succession planning, he has agreed to stay on until the end of March 2014," Vosloo said. 

Naspers shares changed hands at R483.82 in late trade on Friday, up R1.08 from the previous day.

 - Fin24

* Fin24 is a Naspers publication.

* Follow Fin24 on Facebook, Twitter and Google+.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.94
-0.9%
Rand - Pound
24.10
-0.9%
Rand - Euro
20.59
-0.7%
Rand - Aus dollar
12.42
-0.9%
Rand - Yen
0.13
-0.8%
Platinum
915.75
-0.8%
Palladium
1,028.36
-3.5%
Gold
2,159.96
+0.2%
Silver
25.03
-0.6%
Brent Crude
85.34
-0.1%
Top 40
66,252
0.0%
All Share
72,431
0.0%
Resource 10
53,317
0.0%
Industrial 25
100,473
0.0%
Financial 15
16,622
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders