De Ruyter will commence his group CEO duties on January 2020. Andre De Ruyter, ex Nampak CEO, appointed CEO of Eskom. The company are known as the biggest packaging company in Africa. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Read more. I would like to thank Mr De Ruyter for not only accepting this position at a difficult time for Eskom, but, given Eskom’s current financial situation, also agreeing to a lower compensation package than the position currently ays,” said Gordhan. How Eskom’s New CEO wants to fix South Africa’s troubled utility. Oh wow! ... As a result, Werner was appointed and given a monthly salary of R200 000, as if he is the only expert in this country. Andre Marinus De Ruyter is Chief Executive Officer at Eskom Holdings Ltd. See Andre Marinus De Ruyter's compensation, career history, education, & memberships. long & short-term incentives) — Ray Mahlaka (@RayMahlaka) November 18, 2019 Eskom will investigate allegations of racism against Eskom CEO Andre de Ruyter by the company's suspended chief procurement officer, Eskom has … The full letter to Eskom CEO André de Ruyter is embedded in full below. De Ruyter’s experience and expertise cuts across a range of disciplines, including but not limited to: strategic leadership, commodities, sales, manufacturing and production, economic, finance and corporate structuring, legal and regulation, people management and socio-economic development, corporate knowledge, governance and risk management, and knowledge of global markets and business operations. Eskom CEO De Ruyter may face Parly inquiry into procurement processes 3.3.2021 EFF lashes out at Eskom CEO De Ruyter over the suspension … His predecessor at Eskom, Phakamani Hadebe earned less than half of that amount last year, and De Ruyter has already agreed to take a pay cut, the department of public enterprises confirmed. According to the Nampak annual report, De Ruyter earned almost R18.3m in 2018. Procurement Scam Alert Eskom Purchasing Policies Tender Documentation Whats Out To Tender Government - Central Suppliers Database (CSD) Eskom Certificates Services Cash-strapped power utility Eskom has appointed a new group chief executive. 5 days ago. Eskom Chief Executive Officer (CEO) Andre de Ruyter revealed in a panel hosted by the Free Market Foundation on Monday, 15 February, that currently the utility has 44 000 employees, when the ideal number is 38 000 people. He has significant experience in managing coal, oil, chemical and gas businesses, including marketing of export coal to international utilities and taking responsibility for the operations of very large coal and gas conversion plants, including electricity generation. According to the statement, this follows racism allegations made in the public domain against De Ruyter. 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He was recruited after a head-hunting process and a public advert. “The final interview process was undertaken, after which the panel ranked three candidates from six. Share this article: He was born in 1969 in Pretoria, South Africa. An explosive report by Eskom CEO Andre de Ruyter to the Eskom board reveals Eskom’s position in respect of unproven allegations of corruption, … Suspended Chief Procurement Officer Solly Tshitangano has accused the Group Chief Executive (GCE) […] short-term incentives) during 2018/19. As of 2020, he is 51 years old. Eskom's new CEO is Andre de Ruyter, and he starts work soon. He is currently CEO at JSE-listed packaging group Nampak.Public Enterprises Minister Pravin Gordhan announced in a statement on 18 November 2019 that Andre de Ruyter had been appointed as the new CEO of Eskom … The appointment has been keenly awaited by political stakeholders, markets and the public, as fixing Eskom is widely acknowledged as the most urgent and pressing priority the economy faces. He emerged victorious from among 142 candidates, including eight Eskom employees. After further interviews, a list of three candidates with the indication of a preferred candidate was submitted to the shareholder in terms of the memorandum of incorporation (MOI) between Eskom and the government,” said Gordhan. Eskom has reduced its workforce by around 2 000 over the past year in an effort to slim down its bloated salary bill. De Ruyter was appointed on Monday after the CEO job had been vacant since July. This site uses Akismet to reduce spam. In conversation with Eskom CEO Andre de Ruyter The ministers concurred with the board’s recommendation.” Pretoria-born De Ruyter spent 20 years with petrochemicals group Sasol in various senior management posts, which the ministry said gave him significant global exposure in the energy and chemicals industries. Mr. Andre De Ruyter (Copy: Mr. Sikonathi Mantshantsha) Chief Executive Officer. In other news – Ntsiki Mazwai calls Nathi Mthethwa disgusting. Public enterprises minister Pravin Gordhan on Monday thanked newly appointed Eskom CEO Andre de Ruyter for accepting the top job at the embattled entity at a lower salary than the post normally commands. By Paul Burkhardt (Bloomberg) — Andre de Ruyter knew well the adversity he faced at South Africa’s power monopoly — a state-owned wreck hollowed out by corruption that struggles to keep the lights on, pay its bills and play ball with a unionized workforce. Mr de Ruyter is a seasoned executive and has spent more than 20 years of his work life making a contribution in a number of senior management roles at petrochemicals group Sasol. Former CEO Phakamani Hadebe was paid an annual remuneration package of R8.6m (incl. Public enterprises minister Pravin Gordhan on Monday thanked newly appointed Eskom CEO Andre de Ruyter for accepting the top job at the embattled entity at a lower salary than the post normally commands. He is married with three children and lives in Johannesburg. He was a member of the Sasol group executive committee from 2009 to 2014, and spent some time in China as President of China Ventures and also in Germany in a business turnaround and management capacity. André de Ruyter Biography, Age, Wife, Career, Salary & Net Worth André de Ruyter (born 1969 in Pretoria) currently serves as the Group Chief Executive (GCE) of Eskom Holdings SOC Ltd. Table of Contents1 André de Ruyter Age2 Career3 Education4 Family5 Salary6 Net Worth6.0.1 Reference André de Ruyter Age He was born in 1969 in Pretoria, South Africa. Public enterprises minister Pravin Gordhan on Monday thanked newly appointed Eskom CEO Andre de Ruyter for accepting the top job at the embattled entity at a lower salary … 18-11-2019 17:34. in News. South Africa appointed Andre de Ruyter as chief executive officer of Eskom, the debt-strapped utility that provides about 95% of the nation’s electricity and poses the … Eskom CEO Andre de Ruyter. Public Enterprises Minister Pravin Gordhan announced on Monday that Andre de Ruyter had been appointed as the new CEO of Eskom and that he would commence duties on January 15, 2020, at a salary below that of the current compensation package. Most read. The Eskom Board announced on Tuesday that it will appoint an independent Senior Counsel to probe racism allegations against its Group Chief Executive André de Ruyter. De Ruyter has studied in South Africa, but completed his business honours in the Netherlands. The company are known as the biggest packaging company in Africa. 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Eskom backs probe into allegations against CEO André de Ruyter. In the last five years, he served as Nampak’s CEO. Courtesy #DStv403 Incoming Eskom CEO Andre de Ruyter will probably take a pay cut. The embattled power utility has been beset by financial woes. As of 2020, he is 51 years old. Eskom CEO Andre de Ruyter in ’power abuse’ probe after complaint letter sent to board chairperson. Universiteit Nyenrode Netherlands Business School: MBA honours He spent more than 20 years with Sasol in senior management roles, working in their energy and chemicals industries. He was appointed as CEO of Nampak in 2014 – a position he left when he accepted the Group Chief Executive role at Eskom in January this year (2020). Andre de Ruyter, a man with a wealth of experience in the petrochemical industry, is currently topping the news. By Mayibongwe Maqhina Mar 4, 2021. André de Ruyter (born 1969 in Pretoria) currently serves as the Group Chief Executive (GCE) of Eskom Holdings SOC Ltd. University of Pretoria:Bachelor’s Degree 3. Andre de Ruyter, whose appointment followed the sudden resignation of … Wiki SA is South Africa's authoritative top quality information website that provides resourceful information about her culture, people and things associated with South Africans. He did not elaborate if the utility intends on shedding further jobs to reach this ideal number. It’s estimated he was on an annual salary of R18 million. public enterprises minister Pravin Gordhan. He was shortlisted alongside 16 people, eight of whom ultimately withdrew.