JOHANNESBURG, Nov. 17,
2023 /PRNewswire/ -- The Board of Sasol Limited is
pleased to announce the appointment of Mr Simon Baloyi as the President and Chief
Executive Officer and executive director of the Company with effect
from 1 April 2024.
Simon will succeed Mr Fleetwood
Grobler, the current President and Chief Executive Officer
of Sasol Limited. Fleetwood will continue to serve in an executive
advisor role until 31 December 2024, to ensure a smooth
and structured handover.
The Board embarked on a comprehensive recruitment programme to
identify a successor to Fleetwood. Internal and external candidates
were considered and the process sought to identify the best leader
for the role to ensure the candidate would be best positioned to
most effectively serve the Company's interests going
forward.
Simon Baloyi is currently
employed as the Executive Vice President, Energy Operations and
Technology at Sasol. He has proven technical and operational
skills and holds Master's degrees in Engineering Management and in
Chemical Engineering. He has served in various management positions
since joining the Sasol Group in 2002.
Mr Simon Baloyi noted: "I am
looking forward to working with the Board, management, the Sasol
family and all our stakeholders."
Mr Stephen Westwell, Chairman of
Sasol, said: "Through Fleetwood's resolute leadership, Sasol is on
track to be more resilient, and live up to our purpose of
innovating for a better world. In January
2024, Fleetwood will celebrate his 40th service
anniversary with Sasol and we are extremely thankful for his
dedication and commitment to Sasol over his illustrious career. In
addition, the Board has full confidence in Simon's ability to lead
Sasol. We believe that his strategic outlook, excellent leadership
skills, technical and business acumen and deep experience of our
operations will stand him in excellent stead to take over the
helm."
For further information, please contact:
Sasol Investor Relations,
Tiffany Sydow, VP Investor Relations
Officer
Telephone: +27 (0) 71 673 1929
investor.relations@sasol.com
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SOURCE Sasol Limited