Sharks appoint new CEO

The Sharks (Pty) Ltd Board of Directors have announced that current Chief Operating Officer (COO), Eduard Coetzee, will succeed Gary Teichmann as the new Chief Executive Officer (CEO) of The Sharks, from September 2019.

Eduard takes over the reigns from Gary Teichmann, who will bow out from his role after three years at the helm, having set plans in place and achieved several objectives during his tenure as CEO.

“Gary came in at a challenging time for Sharks Rugby and not only brought stability and leadership to the role, but also a strong business background at a time when sport is indeed big business,” said Stephan Saad, chairman of The Sharks Board of Directors.

“Although Gary will vacate his current position, he will remain actively involved at The Sharks where he will impart business and leadership advice and engage with key stakeholders, with Eduard enjoying a sounding board offered by Gary,” concluded Saad.

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As a former player, Eduard Coetzee returned to The Sharks to take up the position of Chief Operating Officer in 2014 and in a short space of time has earned great respect as a leader and an astute businessman who brings a fresh and dynamic approach to the role.  He believes strongly in the personal and skills development of people around him and he too practices this approach, which will see him receive his Doctorate in Business Administration from the University of KwaZulu-Natal later this year.

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Reacting to his appointment, Coetzee said: “I am extremely humbled to be appointed as the next CEO of The Sharks.  My strategy will be to build on the platform and stability created by Gary during his tenure. The basic business principles of corporate governance and financial controls are non-negotiable fundamentals in our business and will be amplified going forward.”

Coetzee, now into his sixth year in administration at The Sharks, has enjoyed an important and successful role as COO, which has given him the opportunity to work within all aspects of the business and which make for a seamless transition to CEO.

The Highway Mail congratulates Eduard Coetzee and the Sharks on this new chapter.

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