Six can­di­dates short­listed for post

The Star Early Edition - - COMPANIES -

PPC had com­piled a short­list of six can­di­dates to suc­ceed Ketso Gord­han as chief ex­ec­u­tive and would make an ap­point­ment after a share­hold­ers’ meet­ing next month, chair­man Bheki Sibiya said yes­ter­day. Gord­han re­signed as head of South Africa’s big­gest ce­ment company in Septem­ber after fel­low direc­tors blocked his at­tempt to fire chief fi­nan­cial of­fi­cer Tryphosa Ra­mano. He has since been try­ing to en­gi­neer his re­turn, and in­vestors will vote on the re­moval of the en­tire board at a meet­ing on De­cem­ber 8. “We have 85 can­di­dates, of whom six are the cream of the crop,” Sibiya said. “We are look­ing at a per­son who is go­ing to buy into the board’s strat­egy. We are not look­ing at any­body who is go­ing to change it.” The shares gained 0.47 per­cent to R27.81 at close on the JSE. – Bloomberg

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