Naspers-owned South African pay-TV company MultiChoice has announced its chief executive officer (CEO) Eben Greyling has stepped down after 18 years working for the group.
Greyling has decided to “take a break” in order to “pursue new interests”, being replaced by Jim Volkwyn, director at the company.
“[Greyling] has been instrumental in building the group’s successful pay-TV businesses across the continent. Under his leadership over the last five years the subscriber base and turnover of the pay-TV businesses more than doubled,” Naspers said in a statement.
“He has made a great contribution and delivered a sterling service to the group. The board wishes him all the best as he takes a break to prepare for the next phase of his career.”
HumanIPO reported last month Multichoice had appointed Yolisa Phahle as CEO of MultiChoice subsidiary M-Net.
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