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Acting CEO of South African Airways suspended

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Vuyisile Kona, the acting CEO of SAA has been suspended after just four months in the role. The surprise move apparently came after allegations were brought to the attention of the SAA board. Kona had replaced Siza Mzimela last October after SAA had reported a R1.25bn loss ($139m).

Last year most of SAA’s board resigned en masse, along with Cheryl Carolus, the chairwoman of SAA, who referred to a breakdown with the main shareholder, the Department of Public Enterprises and a lack of strategic vision.

On Monday night SAA said MR Kona had been put on “precautionary suspension” after “careful consideration of recent developments.” SAA has appointed Mango CEO Nico Bezuidenhout as interim CEO while the matter is considered.

In any case SAA has started the process of recruiting a permanent CEO, and at present applications are being considered. According to a statement released on behalf of the SAA board, it hopes to complete the process by March 31, when the recommendations will be presented to the minister Malusi Gigaba.

 

Source: http://www.gatewaytoafrica.com/news/acting-ceo-of-south-african-airways-saa-suspended.htm

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