Tongaat Hulett appoints acting CEO

7th February 2023 By: Darren Parker - Creamer Media Contributing Editor Online

Tongaat Hulett appoints acting CEO

Tongaat Hulett executive director and incoming acting CEO Dan Marokane
Photo by: Creamer Media

Following the resignation of Tongaat Hulett CEO and executive director Gavin Hudson, with effect from February 28, the company has appointed executive director Dan Marokane as acting CEO. His appointment will be in effect as of March 1.

Marokane holds a BSc Chem Eng, MSc Pet Eng and an MBA. He has held various senior executive roles over the past 20 years in the oil and gas, power and agroprocessing industries. He joined Tongaat Hulett in 2018 as chief business transformation officer.

Marokane was appointed as an executive director of Tongaat Hulett in November 2019 after being the chairpersonn of the company’s listed Zimbabwean subsidiary Hippo Valley Estates.

Tongaat welcomed his impact on internal cashflow optimisation programmes and the management of the company’s asset disposals.