Medi­clinic’s Mein­t­jes to re­tire in July 2018

The Star Early Edition - - COMPANIES - Sandile Mchunu

AF­TER more than 30 years with the listed hos­pi­tal group Medi­clinic In­ter­na­tional chief ex­ec­u­tive Danie Mein­t­jes in­tends to step down from his po­si­tion and as a di­rec­tor at the end of July next year.

The group said yes­ter­day that its nom­i­na­tion com­mit­tee would im­me­di­ately be­gin a search to iden­tify a suc­ces­sor .

Mein­t­jes joined the group in 1985 as the hos­pi­tal man­ager of Medi­clinic Sand­ton and be­came a di­rec­tor in 1996.

He rose through the ranks and was ap­pointed chief ex­ec­u­tive of Medi­clinic Mid­dle East in 2007 and the group’s chief ex­ec­u­tive in 2010. Dur­ing this pe­riod, he has been part of the group’s trans­for­ma­tion from a pure South African com­pany to an in­ter­na­tional hos­pi­tal group.

Neil Brown, a co-fund man­ager and equity an­a­lyst at Elec­tus Fund Man­agers, said Mein­t­jes was 61 years old and had been a di­rec­tor for more than 20 years.

“It is sen­si­ble chief ex­ec­u­tive suc­ces­sion plan­ning to have a han­dover pe­riod be­tween the old chief ex­ec­u­tive and the new one and this will be achiev­able as Mein­t­jes will re­tire in July 2018,” he said.

Mein­t­jes’ suc­ces­sor should prefer­ably have ex­pe­ri­ence of man­ag­ing global hos­pi­tal busi­nesses, Brown said.

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