Dames steps down as Eskom CEO
Eskom chairperson Zola Tsotsi announces the resignation of CEO Brian Dames at the group's interim results function. Camera Work: Nicholas Boyd. Editing: Shane Williams. Recorded: 5.12.2013.
Eskom CEO Brian Dames has resigned from the position for personal reasons and will depart at the end of March.
Dames has spent 25 years at Eskom and took over from former CEO Jacob Maroga in July 2010, following Maroga's acrimonious dispute with his board and then chairperson Bobby Godsell.
Eskom chairperson Zola Tsotsi praised Dames for his role in stabilising the organisation during a period of accute supply shortages and described his departure as a "great loss".
He also said that a process had been initiated to find a suitable replacement, but added that Dames would remain in his post until March 31, 2014.
"Both the board and Brian will work together to ensure a smooth transition to a new chief executive. The process of finding a successor, in fact, is already under way and we expect to conclude it timeously."
In response to questions as to whether he felt pressured to resign in light of delays to Eskom's build programme, as well as other organisational challenges, Dames stressed that it was his own decision and that it he was "absolutely not pressurised" to make it.
Tsotsi also announced the appointment of a new permanent FD, Tsholofelo Molefe, who will take over from Caroline Henry, who had been acting in the position since the resignation of former FD Paul O'Flaherty.
O'Flaherty stepped down in July after serving as FD of the power utility for three-and-a-half years.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...
VISIT SHOWROOM
Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
