Takatso-less SAA searching for new CEO
The board of the national carrier South African Airways has begun its search for a new CEO.
The government scrapped a deal to sell a 51% stake in the flag carrier to Takatso Consortium as a strategic equity partner after the parties disagreed on the revised transaction structure.
"The filling of these posts is a positive and decisive step aimed at providing organisational stability and predictable direction of the growth plans and expansion plans currently being pursued,” said interim board chair Derek Hanekom.
"The interim executive management team has admirably rebuilt the airline as it emerged from business rescue, with the understanding that their posts would remain interim positions until a new controlling shareholder appoints its management team.
"SAA's strong recovery would not have been possible without the dedication and passion of every single valued SAA employee. The commitment of all employees who serve as the backbone of the airline and who believe in the growth of SAA is highly appreciated by the SAA Board," added Hanekom.
SAA is also looking for a Chief Commercial Officer, Chief Human Capital Officer, South African Airways Technical CEO, and Air Chefs CEO.
The deadline for applications is 26 April.
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