Nampak appoints interim CEO after Smuts resigns

Erik Smuts

Erik Smuts has resigned as Nampak CEO

20th April 2023

By: Donna Slater

Features Deputy Editor and Chief Photographer


Font size: - +

Packaging company Nampak reports that board member and CEO Erik Smuts has resigned, with effect from April 20, and will be succeeded, on an interim basis, by current restructuring committees chairperson, independent nonexecutive director and member of the nominations and remuneration committee Phildon Roux.

Nampak notes that, following a substantial restructuring process, including both the imminent disposal of noncore assets and divestitures from unprofitable operations, the size and nature of the CEO’s role has changed materially, resulting in Smuts opting to step down.

Nampak’s board thanks Smuts for his “loyal service” in excess of 25 years, and especially for leading the company through the Covid-19 pandemic and for laying a strong foundation for delivery of the turnaround initiatives.

Roux, whose membership on the nominations and remuneration committee will terminate on April 20, will serve as interim CEO with effect on the same day and until such time as Nampak makes a permanent appointment.

Nampak notes that it is confident in Roux leveraging his extensive operational and strategic experience in the fast-moving consumer goods sector, as well as his demonstrated skills in organisational turnarounds, to achieve the objectives of Nampak’s restructuring plan and accumulate value for Nampak’s shareholders whilst ensuring the company’s long-term sustainability.

Further, Nampak has appointed independent nonexecutive director Tjaart Kruger as a member of the nominations and remuneration committee.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online



Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...


Latest Multimedia

sponsored by

Magazine round up | 23 February 2024
Magazine round up | 23 February 2024
23rd February 2024
An image of Dr Mehran Zarrebini posing in front of waste tires
Firm emphasises valorisation
23rd February 2024 By: Lumkile Nkomfe
Coal being transported to port
Mining tax revenue down by 50.4% y/y
21st February 2024 By: Darren Parker

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
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?







sq:0.318 0.368s - 140pq - 2rq
Subscribe Now