waited patiently for the top job at Telkom for most of the past decade.
There are those who argue she should have got it when Sizwe Nxasana left to join FirstRand – instead there were three other individuals elevated to the position before she was finally appointed to it in 2011. She lasted 18 months before announcing she was throwing in the towel at the end of her two-year contract period in April 2013.
Yes, five CEOs in seven years. Not even Elizabeth Taylor went through husbands that quickly.
Following Nxasana, who wisely declined the offer to renew his contract, came Papi Molotsoane. He blamed high levels of tension with Government for his brief tenure. Following him, was Reuben September who left having complained about then chairman Jeff Molobela interfering in his work. Into the breach stepped American executive Jeffrey Hedberg. He’d previously run Cell C and was acting CEO – reports suggest he left when the job was not made permanent.
Moholi had bided her time with a threeyear sojourn at Nedbank before returning to Telkom in 2009 as a senior executive.