Suspended Eskom FD to leave group in yet another high-level exit
Shedding yet another member of its executive management team, energy utility Eskom said on Thursday that it and FD Tsholofelo Molefe had “mutually agreed to part ways on an amicable basis”.
“Both parties believe that the agreement to separate is in the best interest of Eskom; to allow the board to pursue its plans for the company under the current leadership,” it said in a statement, reiterating that Molefe had never been suspected of any negligence, misconduct or wrongdoing.
With the separation, the enquiry initiated by the board into the state of affairs at Eskom would continue as planned, while Molefe’s suspension would fall away.
“The separation is also by no means in anticipation of the outcomes of the enquiry, the latter whose objective is to enable the organisation to deal with its challenges,” it held.
Molefe joined Eskom in July 2005 and held executive leadership roles in the transmission, finance and customer services departments before being appointed FD.
Her exit came a little after a month after the parastatal announced that group capital executive Dan Marokane would leave the group, also parting ways with Eskom “on an amicable basis”.
While at the time declining Engineering News Online’s request for clarity on the terms of separation, the State-owned company expressly noted that no misconduct or wrongdoing was alleged by Eskom against Marokane.
Eskom in March announced the suspension of four senior executives – including CEO Tshediso Matona – following a board decision to institute a three-month inquiry into the state of the troubled business.
Matona agreed to part ways with Eskom in May.
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