Questions around MultiChoice’s executive exodus

Source: MyBroadband

Four high-profile MultiChoice executives have resigned or have left the company in recent weeks, raising questions as to what is behind these departures.

This week, MultiChoice announced that the CEO of its South African operations, Mark Rayner, had resigned to “further his journey outside the group”.

The company said Rayner will leave MultiChoice on 30 November 2020 and that his successor will be announced “in the near future”.

This follows shortly after the resignation of MultiChoice Connected Video CEO Niclas Ekdahl in June to “pursue personal interests”.

Yolisa Phahle will take over Ekdahl’s position, in addition to running the General Entertainment division.

Other departures include MultiChoice Group chief strategy officer Max Krudop and MultiChoice Connected Video head of communications Richard Boorman.

The exodus of high-profile executives at MultiChoice sparked speculation that there may be something more to these resignations than meets the eye.

One theory is that MultiChoice CEO Calvo Mawela’s management style and strategic direction for the company led to the resignations.

There is also speculation that some of the resignations and departures were not planned, but this could not be confirmed.

 

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