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Transformation aside, de Ruyter has never worked for Eskom before. Read: Nampak’s Andre de Ruyter appointed as Eskom CEO De Ruyter, who holds various qualifications, including an LLB and MBA, has been CEO of paper and … INTERESTING INSIGHT: Finance Minister @tito_mboweni served as Chairman of Nampak, while newly named @Eskom_SA CEO, Andre De Ruyter was also at the helm as CEO of Nampak. De Ruyter also wanted government to lower electricity rates to industry, and as a former chairperson of the Manufacturing Circle, he blamed high energy costs, in part, for the shrinking manufacturing sector, which currently contributes to around 10% of South Africa’s GDP, from 24% three decades ago. He could be flying in blind on this one, despite his vast business experience. Andre de Ruyter was a surprise choice for Eskom CEO but public enterprises minister Pravin Gordhan said that after extensive interviews all ministers agreed on the appointment. Executive committee. Andre de Ruyter was appointed CEO of Nampak in April 2014 and inherited a ‘dogs breakfast’ of a company that had expanded into Nigeria and … Chief executive officer. Mr. André holds an MBA from Nyenrode Business Universiteit, Netherlands. Andre de Ruyter, the CEO of packaging giant Nampak, has been appointed the new Chief Executive of Eskom. Postal: Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican, PO Box 44354, Claremont, 7735, South Africa, United Kingdomâ Blue Sky Publications Ltd â Company Registration Number: 04683692. Complete The South African's latest reader survey by 31 March 2021 and win R6000 in cash. Enter the survey competition, He’s caused a mixed reaction in political circles, They claim that his leadership saw the share price plunge since 2014, But some South Africans feel the appointment is flawed for other reasons, Netflix possibly clamping down on users who share passwords, Just a rough patch? In their scathing critique of the new appointment, the EFF were quick to highlight de Ruyter’s history at Nampak. 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. De Ruyter has studied in South Africa, but completed his business honours in the Netherlands. We’ve looked into de Ruyter’s background to establish a clearer picture on the matter: He has three university degrees to his name, including an MBA. We were told of his glowing educational background – an electrical engineer from the University of Stellenbosch, with further qualifications in commerce, management and business administration from the Harvard Business School in the United States, the University of the Witwatersrand, the University of South Africa and Insead Business School in France. The executive has been in this role for five years. Mr. André was a member of the Sasol group executive committee (2009-2014). De Ruyter is likely to take a pay cut for this role. Qualifications: BA, BLC, LLB, MBA Relevant skills and expertise: Strategic leadership in the manufacturing sector He’s caused a mixed reaction in political circles, and it’s an appointment that has divided South Africans. André de Ruyter (born in Pretoria) is the Chief Executive Officer and Director at Eskom Holdings SOC Ltd. Join Facebook to connect with Andre de Ruyter and others you may know. Qualifications: BA, BLC, LLB, MBA. Relevant skills and expertise. Incoming Eskom CEO Andre de Ruyter will probably take a pay cut. short-term incentives) during 2018/19. thesouthafrican.com is a division of Blue Sky Publications Ltd. Reproduction without permission prohibited. The EFF rejects the anti-transformation and racist appointment of Eskom's new CEO, Andre de Ruyter, and we are disgusted by the continued obliteration of Africans in key state-owned enterprises. South Africa– Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican Number: 2005/028472/07. In the last five years, he served as Nampak’s CEO. He helped Laurie Dippenaar raise funds for setting up Rand Merchant Bank. He also obtained an MBA from Nyenrode Business Universiteit. View the profiles of people named Andre de Ruyter. Andre de Ruyter is currently CEO at Nampak, the largest packaging company in Africa. Mr. André’s experience covers several disciplines like 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. Master of Business Administration. Why Do Students Drop out of University in South Africa? It also acts as a medium of communication and coordination between divisions, group companies and the board. De Ruyter has studied in South Africa, but completed his business honours in the Netherlands. TheSouthAfrican.com is all about South Africa and the stories that affect South Africans, wherever they are in the world. André de Ruyter (48). Other directorships None. In 2014, he climbed to the position of Chief Executive Officer of Nampak. Eskom Group Chief Executive André de Ruyter says theft and vandalism remain major challenges in the power utility’s efforts to ensure reliable and uninterrupted electricity supply. But why is his appointment so contentious? He spent more than 20 years with Sasol in senior management roles, working in their energy and chemicals industries. Now heâs been offered the most daunting job of them all â manning the controls at Eskom. He will assume his duties on January the 15th. Qualifications: BA, BLC, LLB, MBA. Andre de Ruyter (51) Chief executive officer. It’s estimated he was on an annual salary of R18 million. Interestingly, former Eskom CEO Phakamani Hadebe was on a yearly wage of R8.6 million. No Conspiracy… Just a Nice Fact. He boasts of over 30 years of experience and has plied his trade both in South Africa and internationally in various portfolios in the energy space. Mr. André is married and his union is blessed with three (3) children. Of course, you’ll get conspiracy theorists emerging with their hot-takes every time a big appointment like this happens. Andre de Ruyter (51). Our Company Currently selected. He quit the position after accepting the Group Chief Executive role at Eskom in January 2020. Company Information. The good things. Address: Riverbank House, 1 Putney Bridge Approach, London, SW6 4TJ. University of Pretoria:Bachelor’s Degree 3. De Ruyter is currently the chief executive of Nampak, the continent’s largest packaging company. long & short-term incentives) — Ray Mahlaka (@RayMahlaka) November 18, 2019 His experience covers the management of coal, oil, chemical, and gas businesses. 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 … Regardless of the industry, a good finance professional is difficult to find. He also obtained a Bachelor of Civil Law degree and Bachelor of Law (LLB) from the University of South Africa (UNISA). He sits as a member of the board of Nampak Holdings (UK) Ltd. and Nampak Plastics Europe Ltd. Strategic leadership in the manufacturing sector After months of speculation and delays, South Africa named Andre de Ruyter as chief executive officer of its debt-crippled state power utility, surprising investors with an … Andre Marinus De Ruyter is Chief Executive Officer at Eskom Holdings Ltd. See Andre Marinus De Ruyter's compensation, career history, education, & memberships. https://mg.co.za/article/2019-11-19-ground-zero-with-eskoms-de-ruyter Andre de Ruyter was a surprise choice for Eskom CEO but public enterprises minister Pravin Gordhan said that after extensive interviews all ministers agreed on the appointment. ADR is the first permanent CEO of the company since June, and he’s got a mountain of work ahead. He resides in Johannesburg with his family. But some South Africans feel the appointment is flawed for other reasons. Relevant skills and expertise Strategic leadership in the manufacturing sector He served as the President of China Ventures and spent time in Germany in a business turnaround and management capacity. It’s an irrational, shameful and racist appointment. Address: Regus Business Centre Eskom highlighted his various qualifications, including an LLB and MBA, and the Pretoria-born De Ruyter is an accomplished CEO with deep and wide experiences in creating and managing highly-performing businesses. âThe EFF rejects the appointment of de Ruyter and we call on all stakeholders to do the same. Over this period as Nampak CEO, Andre was paid R18.3m (incl. He attended the University of Pretoria from where he completed a Bachelor of Arts degree. André de Ruyter (48) Chief executive officer. The base salary for Chief Executive Officer ranges from $579,411 to $987,678 with the average base salary of $766,712. He obtained a graduate degree and an undergraduate degree from the University of Pretoria. The group executive committee assists the CEO in guiding and controlling the overall direction of the business. Nor has he fulfilled a role at a state branch of government. Mr. De Ruyter received a graduate degree and an undergraduate degree from the University of Pretoria, a graduate degree from the University of South Africa and an MBA from Nyenrode Business Universiteit. The figures for Nampak’s share prices speak for themselves: Nampak's share price over five years pic.twitter.com/yZhuTLiSvW. His portfolio included overseeing work in the US, Nigeria, Angola, Mozambique, Germany and China. Universiteit Nyenrode Netherlands Business School: MBA honours He spent more than 20 ye… He boasts of over 20 years of experience and contributing in many senior roles in management at the petrochemicals group Sasol. Mojalefa Thebe biography, profile, background, real name & label, Devi Sankaree Govender biography, age, profile, husband, qualifications, DJ Christos biography, age, profile, wife, children & label, Submit Your Biography to Promote Yourself and Brand, Tebogo Khalo biography, age, profile, husband, award, acting. 1st Floor, Block B, North Park, Black River Park, 2 Fir Street, Observatory, Cape Town, 7925, South Africa The new CEO may also have a conflict of interest he’ll need to elaborate on. Home. He has three university degrees to his name, including an MBA. Governance. He replaces Jabu Mabuza, whose time as acting CEO came to an end last month. Bolstering manufacturing to 28% could create more than 1 million jobs, he argued. Current positions of André Marinus de Ruyter : Name: Title: Since: Nampak Holdings (UK) Ltd. Business Vision; Eskom Enterprises; Eskom Heritage; Ethical Business Conduct; Legislation; Application for an Electricity Generation License By Carla O'Day June 26, 2020. https://www.businessinsider.co.za/andre-de-ruyter-2019-11-2 Former CEO Phakamani Hadebe was paid an annual remuneration package of R8.6m (incl. Appointed: 1 April 2014. They claim that his leadership saw the share price plunge since 2014 and a number of financial irregularities were reported under his watchful eye. Copyright © Blue Sky Publications Ltd. All Rights Reserved. Mr. De Ruyter also received a graduate degree from the University of South Africa. Nampak’s chief Andre de Ruyter was officially made Eskom CEO on Monday night, and he will begin the arduous task of turning around the firm’s fortunes from January 2020. Our offices are for administrative purposes only, no visitors will be accepted without an appointment. The company are known as the biggest packaging company in Africa. 1. Monday, 18 November, 2019. 6 Answers. He served as the Managing Director at Sasol Olefins and Surfactants Pty Ltd. André de Ruyter is about 51 years old and his place of birth is in Pretoria, South Africa. The appointment of Andre de Ruyter as a group CEO of Eskom is a reversal of transformation gains we achieved since 1994 and a violation of the Employment Equity Act. Eskom is an animal like no other, and with the panel appointing an outsider, their desire for a fresh start may trip them up before the race is run. EFF STATEMENT ON THE ANTI-TRANSFORMATION APPOINTMENT OF ESKOM NEW CEO. His performance at Nampak was not exceptional, and was marred by an abnormal loss of revenue. University of South Africa: Bachelor’s Degree 2. J-Lo and A-Rod say they are ‘working through’ things, ‘Tsha Tsha’ actress Noxolo Maqashalala dies aged 44, The Cold Test: Maserati’s hot MC20 no flake in snow trials [watch], Watch | Stellenbosch FC v Mamelodi Sundowns highlights – 13 March. Although de Ruyter’s supporters have blamed the legacy of the previous regime, the fact he couldn’t lead a turnaround in their market value will likely be used as a stick to beat him with. E; I; RS; Experience Experience More than 20 years in senior management with petrochemicals group Sasol Former member of Sasol’s group executive committee. “He is a South African, with extensive experience in the energy industry with Sasol before he took up his present position at Nampak. Cindy Swanepoel biography, age, profile, education, Binnelanders, Unathi Nkayi biography, age, husband, education, profile, net worth, Zinhle Ngwenya biography, age, profile, education, husband, divorce, Nyenrode Business Universiteit, Netherlands. He has an LLB … Secondly, the appointee is a decorated lawyer with LLB and MBA qualifications.
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