After the incumbent, Andre de Ruyter, announced his resignation in December 2022, Eskom finally published a public job advertisement for the position of Chief Executive Officer (CEO) on Sunday, 5 February.
Eskom previously stated that de Ruyter’s last day in office would be March 31, 2023. Following several calls for his resignation from politicians and the general public, he resigned.
Energy Minister Gwede Mantashe said the week before de Ruyter’s decision to resign that he was actively agitating for the overthrow of the State, and government support for the CEO had been largely nonexistent.
The incoming CEO will oversee Eskom’s unbundling, in which the power utility will be divided into three separate divisions that will handle electricity transmission, generation, and distribution.
Drayton Glendower, an Executive Search Firm, is handling the job posting currently.
According to the job listing, a successful candidate will be “building an ethos of excellence and continuous improvement…” and “creating a high-performing organisation with a culture that maintains the highest ethical and governance standards…”
Anyone who wants to apply must have a postgraduate degree in Engineering, Business Administration, Economics, or another relevant qualification with 480 credits at NQF level 8. An MBA would be advantageous.
The ideal candidate is also expected to have 15 to 20 years of experience in senior management, preferably in emerging markets.
They must have strong business skills and a track record of successfully managing the strategic turnaround of a commercial entity operating in a complex environment.
Eskom employs over 20 000 people and has an annual revenue of more than R50 billion.
They should have a proven track record of mitigating systemic risks, crisis management, and other responsibilities.
De Ruyter took over as CEO on Christmas Day, 2019. He has had the misfortune of presiding over the country’s worst period of load shedding in its history.
He is the 14th CEO since 1994 and the 11th since load shedding was introduced in 2007.
It’s taken @Eskom_SA seven weeks to take the simple step of advertising for a new CEO after Andre de Ruyter resigned in mid-December. In the midst of a power crisis, it will be months before a new CEO is in place! pic.twitter.com/4skagVt1Jp
— Anton Eberhard (@AntonEberhard) February 5, 2023