Andre De Ruyter is the new chief executive officer of Eskom. Oh wow! BusinessLIVE reported that De Ruyter was a surprise appointment as it had not been widely known that he had applied for the job. 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 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. Heman Mashaba urges the city to continue converting hijacked buildings to accommodation, More money woes for Jacob Zuma as school takes legal action over daughter’s unpaid fees, Gauteng and Free State police make major drug busts, 1 of 2 police officers killed in Kraaifontein laid to rest in EC today, Seven suspects posed as SAPS officers arrested in connection to Stellenbosch robbery, ANC supports inquiry into Busisiwe Mkhwebane’s fitness to hold office, Health Minister Zweli Mkhize pays tribute to King Goodwill Zwelithini, King Goodwill Zwelithini’s remains arrive home, The cause of King Goodwill Zwelithini’s death revealed, 2 municipal officials amongst 17 charged in VBS fraud, theft & corruption case. Eskom CEO Andre de Ruyter has been accused of wrongdoing by the parastatal's suspended chief procurement officer Solly Tshitangano. short-term incentives) during 2018/19. In announcing that Nampak CEO Andre de Ruyter has been appointed as the new CEO of Eskom, the Public Enterprises ministry thanked him for “not … The wait is finally over. The company are known as the biggest packaging company in Africa. 5 days ago. 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). 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. André de Ruyter (born 1969 in Pretoria) currently serves as the Group Chief Executive (GCE) of Eskom Holdings SOC Ltd. by Tom Head. The company are known as the biggest packaging company in Africa. De Ruyter has studied in South Africa, but completed his business honours in the Netherlands. His name has been on the headlines after he was appointed as the new CEO of Eskom after an interview that was on 18th November 2019. 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. The full letter to Eskom CEO André de Ruyter is embedded in full below. Learn how your comment data is processed. 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 … 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. 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. long & short-term incentives) — Ray Mahlaka (@RayMahlaka) November 18, 2019 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. 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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. 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. De Ruyter was appointed on Monday after the CEO job had been vacant since July. De Ruyter will commence his group CEO duties on January 2020. Next Article. Eskom has reduced its workforce by around 2 000 over the past year in an effort to slim down its bloated salary bill. Andre de Ruyter, whose appointment followed the sudden resignation of … 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 … Procurement Scam Alert Eskom Purchasing Policies Tender Documentation Whats Out To Tender Government - Central Suppliers Database (CSD) Eskom Certificates Services It’s estimated he was on an annual salary of R18 million. Ntsiki has made it no secret that she is in support of Burna Boy coming to SA to perform on 24 November during the “Africans Unite” concert, unlike many who have criticised this move, including local rapper AKA. There was a strong lobby within the ANC and broader black lobby groups that the CEO should be a black South African. ESKOM CEO Andre de Ruyter,Image: Moneyweb Eskom’s new boss has taken a first step to reduce the indebted South African power utility’s bloated wage bill while avoiding a … 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. He was shortlisted alongside 16 people, eight of whom ultimately withdrew. ... As a result, Werner was appointed and given a monthly salary of R200 000, as if he is the only expert in this country. 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. Picture: Sumaya Hisham/Reuters. Eskom announced the appointment of Andre de Ruyter as the company's Group Chief Executive on Monday. 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. Enter your email address to subscribe to this blog and receive notifications of new posts by email. He did not elaborate if the utility intends on shedding further jobs to reach this ideal number. 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. Mr de Ruyter holds a Master of Business Administration (MBA) from the Nyenrode Business University in the Netherlands, a Bachelor of Law (LLB) which he obtained from the University of South Africa as well as a Bachelor of Civil Law and a Bachelor of Arts from the University of Pretoria. In a statement, the minster said De Ruyter’s appointment was in line with recruitment process at Eskom. He emerged victorious from among 142 candidates, including eight Eskom employees. The moment actor Hlomla Dandala caught his wife and boyfriend having... Actor Menzi Ngubane’s cause of death revealed – Close family member... Trouble for woman who makes R2 million a month from showing... Family of civilian Mthokozisi Ntumba who was shot dead by police... Aaron Moloisi finally opens up on the man behind his back... #RIPMenziNgubane: Mzansi mourns the death of legendary actor Menzi Ngubane, Actress Noxolo “Noxee” Maqashalala has died #RIPNoxoloMaqashalala. 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. Courtesy #DStv403 University of South Africa: Bachelor’s Degree 2. I am confident that he will lead a committed and capable management team that will work with him and the board to take Eskom forward,” said Gordhan. In the last five years, he served as Nampak’s CEO. As of 2020, he is 51 years old. His task now will be to work with Eskom‘s board, management and the government to spearhead the separation of the parastatal into three entities – generation, transmission and distribution – as well as the creation of Eskom Holdings. 1. Over this period as Nampak CEO, Andre was paid R18.3m (incl. Cash-strapped power utility Eskom has appointed a new group chief executive. 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 is married with three children and lives in Johannesburg. by ... procurement and governance processes by the group chief executive of Eskom, Mr Andre de Ruyter. Incoming Eskom CEO Andre de Ruyter will probably take a pay cut. University of Pretoria:Bachelor’s Degree 3. Eskom CEO Andre de Ruyter in ’power abuse’ probe after complaint letter sent to board chairperson. Photo: City of Ekurhuleni / Twitter. In other news – Ntsiki Mazwai calls Nathi Mthethwa disgusting. It’s estimated he was on an annual salary of R18 million. An explosive report by Eskom CEO Andre de Ruyter to the Eskom board reveals Eskom’s position in respect of unproven allegations of corruption, … Despite the reduction, Eskom remains overstaffed according to its CEO Andre de Ruyter, who says 6 000 fewer employees would be ideal. 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 … 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 … Former CEO Phakamani Hadebe was paid an annual remuneration package of R8.6m (incl. 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. Andre Marinus De Ruyter is Chief Executive Officer at Eskom Holdings Ltd. See Andre Marinus De Ruyter's compensation, career history, education, & memberships. De Ruyter was appointed on Monday after the CEO job had been vacant since July. By Mayibongwe Maqhina Mar 4, 2021. Eskom's new CEO is Andre de Ruyter, and he starts work soon. 18-11-2019 17:34. in News. You have entered an incorrect email address! According to the statement, this follows racism allegations made in the public domain against De Ruyter. Share this article: public enterprises minister Pravin Gordhan. Andre De Ruyter, ex Nampak CEO, appointed CEO of Eskom. The race card is being played to discredit Eskom CEO André de Ruyter as he applies fiscal discipline within the organisation, which has toppled the corrupt and … Hi… 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. 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 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. Over a 30-year career, André de Ruyter has plied his trade both locally and internationally in various portfolios in the energy space. Eskom CEO Andre de Ruyter. Politics. How Eskom’s New CEO wants to fix South Africa’s troubled utility. 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. Eskom backs probe into allegations against CEO André de Ruyter. He has three university degrees to his name, including an MBA. 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. As of 2020, he is 51 years old. Mr. Andre De Ruyter (Copy: Mr. Sikonathi Mantshantsha) Chief Executive Officer. This site uses Akismet to reduce spam. He has an estimated net worth of $1 million to $10 million. The AKA and Burna Boy beef has seen sports, arts and culture minister Nathi Mthethwa on the receiving end of criticism for “promoting Afrophobia” from musician and poet Ntsiki Mazwai. Eskom Holdings SOC … Save my name, email, and website in this browser for the next time I comment. The embattled power utility has been beset by financial woes. According to the Nampak annual report, De Ruyter earned almost R18.3m in 2018. Suspended Chief Procurement Officer Solly Tshitangano has accused the Group Chief Executive (GCE) […] Eskom will investigate allegations of racism against Eskom CEO Andre de Ruyter by the company's suspended chief procurement officer, Eskom has … Read more. He was born in 1969 in Pretoria, South Africa. Andre de Ruyter, a man with a wealth of experience in the petrochemical industry, is currently topping the news. Most read. In the last five years, he served as Nampak’s CEO. In conversation with Eskom CEO Andre de Ruyter

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