SASOL LIMITED: RESIGNATION OF CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR

Sasol announced the resignation of Chief Financial Officer and Executive Director, Mr Hanré Rossouw, effective on 31 October 2024.

Rhea-AI Summary

Sasol announced the resignation of Chief Financial Officer and Executive Director, Mr Hanré Rossouw, effective on 31 October 2024. The company has initiated the succession process, with a replacement to be announced soon. Mr Rossouw will assist in the transition until the financial year-end closing in June 2024. Shareholders were informed in compliance with JSE Listings Requirements.

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• None.

Negative

• Resignation of the Chief Financial Officer may lead to uncertainty among investors and stakeholders.

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JOHANNESBURG, May 2, 2024 /PRNewswire/ -- Shareholders are advised in terms of paragraph 3.59 of the JSE Listings Requirements that Mr Hanré Rossouw has informed the Company that he will step down as Chief Financial Officer and executive director of Sasol Limited on 31 October 2024.

Mr Steve Westwell, the Chairman of Sasol, said: "Hanré joined Sasol on 4 April 2022 and has made a solid contribution towards achieving Future Sasol." Ms Trix Kennealy, Chairman of the Audit Committee, added: "We thank Hanré for his leadership during a challenging period and wish him well in his future endeavours."

Hanré will remain with Sasol for the financial year-end closing and the publication of their suite of annual reports for the year ending 30 June 2024, allowing for a structured handover period. Sasol has commenced the succession process and an announcement will be made in due course.

For further information, please contact:
Sasol Investor Relations,
Tiffany Sydow, VP Investor Relations Officer
Telephone: +27 (0) 71 673 1929
investor.relations@sasol.com 

 

View original content:https://www.prnewswire.com/news-releases/sasol-limited-resignation-of-chief-financial-officer-and-executive-director-302134143.html

SOURCE Sasol Limited

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Mr Hanré Rossouw step down as Chief Financial Officer and executive director of Sasol ?

Mr Hanré Rossouw will step down on 31 October 2024.

Who will assist in the transition at Sasol until the financial year-end closing in June 2024?

Mr Hanré Rossouw will assist in the transition until the financial year-end closing.

What is the contact information for Sasol Investor Relations?

For further information, please contact Sasol Investor Relations at Telephone: +27 (0) 71 673 1929 or investor.relations@sasol.com.