Cell C appoints new CEO

Cell C has appointed Douglas Craigie Stevenson as chief executive officer (CEO), effective immediately.

Craigie Stevenson was appointed as interim CEO in March this year.

“In the past five months, Douglas and his team has led the company to improved financial stability, sound business ethics and good governance, better operational performance and has established a path to sustainability. His permanent appointment was unanimously approved by the board and we are fully behind his efforts to lead Cell C,” said Cell C chair, Kuben Pillay.

Stevenson joined Cell C in October 2017, after the Blue Label recapitalisation, in the position of chief operating officer.

He was responsible for the critical operational divisions of the business including; property and procurement; technical operations, which comprises network operations and IT; and the regional retail operations.

Prior to joining Cell C, Craigie Stevenson was chief executive officer of Telekom Networks Malawi Plc, where he was instrumental in the launch of its 4.5G network.

Previous positions include managing director: Vodacom Business Africa Group, chief financial officer: Business Africa Group/ Enterprise Business Partner Vodacom South Africa, financial director: Vodacom Mozambique and commercial director and financial director at Vodacom Tanzania.

He holds a Master of Business Administration from the University of the Free State as well as a Bachelor of Accounting Science (Honours) from UNISA.

Read: Blue Label moves to allay fears over Cell C open letter – after its shares tank

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Cell C appoints new CEO