{"id":55050,"date":"2014-03-30T08:03:10","date_gmt":"2014-03-30T06:03:10","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=55050"},"modified":"2014-03-30T08:03:10","modified_gmt":"2014-03-30T06:03:10","slug":"caxton-md-steps-down-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/media\/55050\/caxton-md-steps-down-report\/","title":{"rendered":"Caxton MD steps down: report"},"content":{"rendered":"<p>According to a Sunday Times report, Caxton MD, Gordon Utian has stepped down from his position, having \u201cdecided to retire\u201d.<\/p>\n<p>\u201cGordon is 68, and we have to do succession planning. There\u2019s nothing salacious about it from my perspective,\u201d said Caxton chairman Paul Jenkins.<\/p>\n<p>CEO Terry Moolman, aged 70, has no plans to leave the group. He and his business partner Noel Coburn have an effective 51% control in Caxton.<\/p>\n<p>\u201cTerry\u2019s even older, but he\u2019s the owner, [and] owners have some other kind of barometer for when they step down,\u201d said Jenkins.<\/p>\n<p>The Sunday paper noted that despite being listed on the JSE, Caxton has issued no formal announcement on Utian\u2019s departure to investors.<\/p>\n<h3 class=\"my-4\">More on Caxton<\/h3>\n<p><a title=\"Caxton offloads TMG shares to Blackstar\" href=\"http:\/\/businesstech.co.za\/news\/media\/53868\/caxton-offloads-tmg-shares-to-blackstar\/\"><strong>Caxton offloads TMG shares to Blackstar<\/strong><\/a><\/p>\n<p><a title=\"Caxton sells R100m in Times Media shares\" href=\"http:\/\/businesstech.co.za\/news\/media\/51635\/caxton-sells-r100m-in-times-media-shares\/\"><strong>Caxton sells R100m in Times Media shares<\/strong><\/a><\/p>\n<p><a title=\"Caxton hit by rising rand and printing costs\" href=\"http:\/\/businesstech.co.za\/news\/media\/53368\/caxton-hit-by-rising-rand-and-printing-costs\/\"><strong>Caxton hit by rising rand and printing costs<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Caxton MD, Gordon Utian has stepped down from his position, having \u201cdecided to retire\u201d.<\/p>\n","protected":false},"author":10,"featured_media":6366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5554],"tags":[25,1603],"class_list":["post-55050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media","tag-active","tag-caxton"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/55050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=55050"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/55050\/revisions"}],"predecessor-version":[{"id":55052,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/55050\/revisions\/55052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/6366"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=55050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=55050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=55050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}