Cell C CEO steps down
He will take on more of an advisory role in an effort to aid the brand in the delivery of its strategic intent.
Former Cell C CEO Jose Dos Santos | Image: Money Web
Cell C CEO Jose Dos Santos has stepped down from his position as head of the telecoms giant.
This will not signal the end of his tenure at the company, however, as he will be “stepping into a new role” as explained in a statement released by the company.
“The board of Cell C would like to announce that Jose Dos Santos will step down as Cell C’s chief executive officer effective 1 March 2019,” read the statement.
“Dos Santos will take up a role as a consultant offering strategic advice to the chairman of the Cell C board. In this role, he will be involved in the delivery of Cell C’s strategic intent, which includes the reshaping of Cell C’s debt to ensure the company’s continued sustainability,” added Cell C.
According to My Broadband, Cell C chairperson Kuben Pillay has confirmed that an interim CEO would be announced shortly.
“Cell C has a very experienced leadership team that will continue to execute on the company’s business plan,” said Pillay.
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