Jose Dos Santos will step down as CEO of Cell C at the end of February, the mobile operator’s largest shareholder, JSE-listed Blue Label Telecoms, said in a statement on Friday.
Blue Label did not say why Dos Santos is leaving, but his exit comes just days before the company reports its interim results for the six months ended 30 November 2018. Cell C is expected to report its full-year results to the end of December 2018 at around the same time.
“Jose will take up a role as a consultant to the chairman of the Cell C board in delivery of Cell C’s strategic intent,” Blue Label said in the statement. Cell C is chaired by Kuben Pillay.
“The board of Blue Label would like to thank Jose for his tireless work over the past six years leading Cell C through the recapitalisation of the business and design of its new strategic direction,” it said.
An interim CEO will be announced shortly until a permanent appointment is announced.
“Cell C has a very experienced leadership team that will continue to execute on the company’s business plan,” said Pillay in a separate statement issued by Cell C. — (c) 2019 NewsCentral Media