CEO: PIETER UYS COMPANY: VODACOM
1-year return: 29%
The money quote: “MTN i s an amazing competitor but I would say we are more exposed to SA.” – Moneyweb, 21 May 2012
THE LAST THREE YEARS were busy ones for Vodacom, to say the least. The group saw a major shift in shareholding that brought it the under control of the UK’s Vodafone, entered the JSE as a l isted entity, and rebranded for the first time in its history. All this while fending off upstart competitors, dealing with dwindling per user revenues and the other challenges that come with the telecoms industry. The man who steered Vodacom past massive milestones along rocky roads was Pieter Uys, and it’s hard to imagine how he could have done any better, all things considered.
With a calm demeanor, Uys transformed Vodacom from a stodgy corporate to a more unconstrained operator and gave the group what it needed for its first few years under public listing. His most recent trick was the f lawless succession to new CEO Shameel Joosub – a transition that went as smoothly as the R200m rebranding Uys pulled off last year. His A-grade performance at Vodacom will see him join investment holding giant Remgro in April 2013. So long Pieter and thanks for all the returns.