BL Premium reports that Bell Equipment announced on Monday that its CEO Leon Goosen had resigned after five years in the top job to pursue other interests.

Goosen will stay on until December, Bell said in a statement. Goosen joined the board of the family business 14 years ago before moving up the ranks to be chief operations officer from 2014 and then CEO in 2018. The company said a process to appoint a new CEO would be initiated in due course. Carson Mitchell, managing member of Shipyard Capital Management which has shares in the company, commented: “Goosen’s appointment to CEO was supposed to bring new transparency to Bell, but the company under his tenure became more opaque than ever.” Goosen’s resignation comes days after the National Union of Metalworkers of SA (Numsa) signed an agreement with the company to convert 100 contract workers into permanent employees after they threatened to strike and shut down the group’s Richards Bay manufacturing plant and its Boksburg head office. Bell employs more than 3,500 people and has 20 branches countrywide.

• Read the full original of the report in the above regard by Andries Mahlangu at BusinessLive (subscriber access only)

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