Acting SAA CEO appointed - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Acting SAA CEO appointed via SABCNewsOnline

This follows the recent resignation of SAA CEO,. Jarana cited uncertainty around funding and slow decision making processes – delaying the airline’s turnaround strategy – as key reasons for his departure.

Briefing the media in Kempton Park, Johannesburg, SAA Board Member Thandeka Mgoduso says Ramasia will begin her Acting CEO duties from Monday, the 10th of June. “Zuks currently holds the position of general manager for operation. What we are now focusing on is strengthening the executive to run and deal with the operation side in the company. The board and executive met with the unions this morning. We started by meeting with the executives so that we could inform them about the appointment of Zuks into the acting CEO position.”

 

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BUSINESS MAVERICK/NEWS ANALYSIS: Gloves come off between SAA CEO and his boardThe relationship between the CEO of SAA, Vuyani Jarana and the board of the beleaguered airline appears to have irretrievably broken down, with the board investigating the CEO for a breach of confidence and he, in turn, threatening legal action. With the airline in a precarious position, this is probably not ideal. SAA still captured it seems
Source: dailymaverick - 🏆 3. / 84 Read more »