The surprise resignation of Telkom chief financial officer Peter Nelson could point to deeper problems at the telecommunications group, say analysts. Birgitta Cederstrom Nicholson, technology research head at Frost & Sullivan, says Nelson’s resignation and the early exit of the company’s CEO, Reuben September, is reason for concern.
Browsing: Naas Fourie
In a shock development, Telkom chief financial officer Peter Nelson has resigned from the telecommunications group. The move comes less than a week after the departure of group CEO Reuben September. In a short statement issued to the JSE’s Sens news service on Tuesday afternoon, Telkom says Nelson has informed the board of his resignation as director and chief financial officer with effect from 9 October 2010.