Moneyweb reports that Sasol’s Chief Financial Officer (CFO) Hanré Rossouw has resigned from the group and will leave at the end of October 2024. This was confirmed by the chemicals and energy company on Thursday morning.

Rossouw has only been in the position for just over two years. Sasol’s share price fell to a new 52-week low in morning trade following confirmation of Rossouw’s resignation. According to Sasol, Rossouw will remain with the group for the financial year-end closing and the publication of its “suite of annual reports for the year ending 30 June 2024, allowing for a structured handover period”. Sasol chair Steve Westwell said: “Hanré joined Sasol on 4 April 2022 and has made a solid contribution towards achieving Future Sasol.” Trix Kennealy, chair of Sasol’s Audit Committee, added: “We thank Hanré for his leadership during a challenging period and wish him well in his future endeavours.” In regard to a replacement CFO, Sasol has commenced the succession process and an announcement will be made in due course.

• Read the full original of the report in the above regard at Moneyweb

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