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Eskom CEO resigns

Jacob Maroga 
5 November 2009 – A memo sent around to all Eskom staff has announced the resignation, with immediate effect, of Jacob Maroga, the CEO of the embattled utility.

“Mr Jacob Maroga has resigned as CEO with immediate effect. 

The Eskom board is presently considering who will be acting on his behalf and will inform business in due course. They are also committed to fill his position within 90 days.”

Media speculation has been rife over the last few weeks and rumours have been circulated that Maroga, who has been at the helm of the utility since May 2007, has been asked to resign by the Eskom board. 

Minister of Public Enterprises, Barbara Hogan said in a statement earlier today that she was aware of an apparent breakdown in relations between the Board of Directors of Eskom and the CEO.  "As Eskom’s shareholder, I am committed to actively engaging with all relevant parties to ensure and secure the best possible solution and outcome for Eskom and the public.

"As shareholder, government has indicated to all relevant parties that this matter should be resolved expeditiously, with due regard to every single person’s dignity and rights.

A press conference, which was called to announce Maroga’s resignation was cancelled suddenly, and it is now unclear when or whether this announcement, which has already been made internally, will be made public.