Wescoal’s CEO and Director, Waheed Sulaiman, has resigned from his position.
This will become effective as of Thursday 31 January 2019.
Until a new candidate is appointed, Dr Humphrey Mathe, currently an independent Non Executive Director, will fill his position.
The company reportedly provided no reasons for his exit, which was announced on the JSE’s stock exchange news service yesterday afternoon.
Sulaiman was appointed acting CEO of Wescoal in April 2015 after Andre Bojé, who led the company for 18 years, resigned.
Sulaiman drove the company’s transformation into a majority black-owned coal producer.
Read the article online at: https://www.worldcoal.com/coal/29012019/ceo-and-director-of-wescoal-resigns/
You might also like
Simon Nicholas overviews a new report by IEEFA India and JMK Research and Analytics, which demonstrates why Australian metallurgical coal miners should not get overexcited by the outlook for exports to the subcontinent.