Moneyweb contemplates life without Hogg

Jenkins fired back with a message of his own:

Alec in his time created a team at Moneyweb that has great depth, talent and experience, and for many years now, the business has not been reliant on any one person. The company is much bigger than that, especially given that it is a listed entity. Alec has spent a great deal of time in Mooi River in the last few years, in which time the Moneyweb team has grown in size and experience.

The management structures of the business remain in place, and we continue to work on our existing plans and opportunities. As with any major business, there are succession plans in place, although it must be said that we will miss Alec; we cannot pretend that it will be easy to fill his shoes. He is however remaining on our board.

We have asked Sandra Gordon of the Iconic Group to assist us and she will be holding the reins of the business in the short term until our board can assess what our staffing and strategic needs are. The entire team is committed to maintaining Moneyweb as a leading financial brand, to meeting the needs of the Moneyweb Community, and to generate positive revenue streams from all our business divisions.

Our radio line-up will remain largely unchanged, as we continue to broaden and refine our offering, including the SAfm Market Update with Moneyweb. Hilton Tarrant will anchor the show, as he has so ably done during Alec’s absences in the past. In due course we will be making further announcements of our future plans, which will be developed in conjunction with our partners.

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