Today's Labour News

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sasolBL Premium reports that chemicals and energy group Sasol has appointed insider Simon Baloyi as its new CEO. He will take over from current CEO Fleetwood Grobler in April next year.

The company said in a brief announcement on Friday that Grobler would remain at the company as an executive adviser until the end of next year to ensure a smooth transition. Baloyi, who joined the group in 2002, is the executive vice-president of energy operations and technology at Sasol, and studied chemical engineering at Wits before completing a master’s degree at the same university and later at the University of Pretoria. He also completed a management programme at INSEAD. “In January 2024, Fleetwood will celebrate his 40th service anniversary with Sasol and we are extremely thankful for his dedication and commitment to Sasol over his illustrious career. In addition, the board has full confidence in Simon's ability to lead Sasol,” chair Stephen Westwell said.

  • Read the original of the short report in the above regard by Nico Gouws at BusinessLive (subscriber access only)

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