TeleMasters Holdings Limited announced that shareholders are advised that with effect from 1 January 2018, Mr. Mario Pretorius will be retiring as Chief Executive Officer of the company, but will continue to serve on the Board in the capacity of Non-executive Chairman; the role of the current Independent Non-executive Chairman, Mr. Stephen van der Merwe, will change to that of Lead Independent Director; and Mr. Jaco Voigt, a Non-executive director of the company for the past 9 years, will be appointed as CEO and his role will accordingly change from that of Non-executive Director to Executive Director. Following his appointment as CEO, Jaco will step down as a member of the Audit Committee and the Chairperson of the Remuneration Committee. Mr. Stephan van der Merwe will assume the role of Remuneration Committee Chairman with immediate effect.
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5-day change | 1st Jan Change | ||
0.8 ZAR | 0.00% |
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-33.33% | +6.67% |
1st Jan change | Capi. | |
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+6.67% | 2.46M | |
+18.83% | 210B | |
+9.39% | 172B | |
+7.95% | 124B | |
-11.90% | 79.17B | |
+23.80% | 72.13B | |
-1.08% | 52.03B | |
-7.18% | 49.82B | |
-23.08% | 42.36B | |
-18.02% | 37.74B |
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