JSE-listed Metair CEO Riaz Haffejee resign to ‘pursue other opportunities more in line with his personal career goals’.
The manufacturer, distributor and retailer of batteries and automotive components informed investors that the board has duly accepted his resignation and wishes him well in his future endeavours.
Haffejee, who joined the company two years agao, will be available for a period of two-months up to the end of May 2023 to ensure a smooth transition and handover.
Metair also announced that Sjoerd Douwenga, chief financial officer (CFO), has been appointed as interim
CEO and as a member of the S&E Committee.
Anesh Jogia, Metair’s finance executive, has been appointed as interim CFO of the company.
The company added that a process to appoint a permanent CEO has been initiated and an announcement will be published once a permanent CEO is appointed.
“The board wishes to express its appreciation for the contribution made by Haffejee during his tenure
and convey its continued commitment to providing appropriate support to the executive and senior
management team during this time.”