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Reuters reports that Mercedes-Benz South Africa (MBSA) announced in a statement that CEO-designate Abey Kgotle has resigned for personal reasons, less than a month before he was set to take up the role.
Kgotle, who joined MBSA in 2017, was named in June to succeed Andreas Brand as CEO of the German luxury car maker’s South African operations. Brand, who was scheduled to relocate to Stuttgart on 30 November for a global production role overseeing seven Mercedes-Benz manufacturing plants, will now continue as chief executive “until further notice.” Kgotle currently serves as the company’s executive director for human resources and corporate affairs and will step down effective 30 November. The company did not provide details about his personal reasons in its statement.
- Read the original of the short report in the above regard at TechCentral
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