Ailing Eskom hit by top execs exodus
WITH Eskom declaring a power emergency this week, coupled with load shedding, the power utility’s top management is also under strain.
Chief executive Brian Dames is leaving at the end of this month. His successor has not been appointed.
According to Eskom spokesman Andrew Etzinger, a recruitment drive is under way.
He says there is no time frame for the announcement.
“The appointment could happen any time,” says Etzinger.
But sources close to the parastatal say Steve Lennon, head of the renewable energy division, will be appointed as acting chief executive.
Dames took over as Eskom boss from Jacob Maroga in July 2010.
He is not the only one leaving the power utility.
Kannan Lakmeeharan, the divisional executive in the office of the chief executive, has also resigned and will be gone at the end of May.
Babalazi Bulunga, the head of human resources, has taken early retirement.
Etzinger says appointments of senior executives normally take longer.
“The whole process takes so long simply because we have to look at internal candidates first before a person from outside Eskom [can be] appointed.
“There are no fixed deadlines. If it happens that a suitable replacement for the CEO has not been found by the end of this month, an acting CEO will be appointed.”
He says the utility’s board has held several meetings relating to appointments.