Cell C chief executive to step down

The board of Cell C has announced that Jose Dos Santos will step down as Cell C’s chief executive officer effective 1 March 2019.

Dos Santos will take up a role as a consultant offering strategic advice to the chairman of the Cell C board, the operator said on Friday (22 February).

“In this role, he will be involved in the delivery of Cell C’s strategic intent, which includes the reshaping of Cell C’s debt to ensure the company’s continued sustainability,” it said.

“We would like to thank Jose for his tireless work over the past six years, of which five of those have been at the helm of this company.

“He has successfully led Cell C through some of its toughest times, and spearheaded the recapitalisation of the business. He has been a passionate and visionary leader and we know that he will apply the same vigour in his new role,” Cell C chairman Kuben Pillay.

An interim CEO will be announced shortly, the group said.

“Cell C has a very experienced leadership team that will continue to execute on the company’s business plan. On behalf of the Board, management and staff, we wish Jose great success in his new role and thank him for his time as CEO,” said Pillay.

Read: Telkom considering Cell C bid: report

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Cell C chief executive to step down