Blue Label Telecoms chief operating officer Mark Pamensky has resigned “to pursue personal business interests”, the JSE-listed group said on Monday.
Although he has informed the board of his intention to resign as operations chief as well as from the board and its subcommittees with effect from 30 November 2015, he will continue within his duties until 29 February 2016.
“Mark has made an outstanding contribution to Blue Label. The board sincerely respects and appreciates the unwavering commitment he has demonstrated in the performance of his duties,” Blue Label said.
“The board, the Blue Label executive committee and Blue Label management would like to thank Mark for his significant contribution to the business and we extend him our best wishes in his future endeavours.”
Blue Label was trading at R11,83/share shortly after 11am on Monday. The counter has added 18,5% in the past 12 months. — (c) 2015 NewsCentral Media