
[miningmx.com] – SASOL CEO, David Constable, is to step down at the end of the petrochemical firm’s 2016 financial year but will occupy a special advisory role for the following year, the company said in an announcement.
“Looking back, I could never have imagined that my time at Sasol would pass so quickly and be filled with so many exciting milestones,” said Constable. “I look forward to driving the company’s 2016 financial year priorities, as we embed the group-wide change programme we embarked upon four years ago,’ he said.
Mandla Gantsho, Sasol’s chairman, said a detailed succession plan was in place for the position of president and CEO. I’m confident that the groundwork we initiated some time ago will enable the board to identify and appoint an accomplished leader who is best-suited to take Sasol to the next level,” he said.
Constable was appointed CEO of Sasol in 2011.