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Four high-profile MultiChoice executives have resigned or left the company in recent weeks, raising questions about what’s behind these exits.
This week, MultiChoice announced that the CEO of its South African operations, Mark Rayner, had resigned to “continue their journey outside the group.”
The company said Rayner will be leaving MultiChoice on November 30, 2020 and that his successor will be announced “in the near future.”
This follows shortly after the Resignation of Niclas Ekdahl, CEO of MultiChoice Connected Video in June to “pursue personal interests.”
Yolisa Phahle will take over from Ekdahl, in addition to leading the general entertainment division.
Other exits include MultiChoice Group chief strategy officer Max Krudop and MultiChoice Connected Video chief communications officer Richard Boorman.
The exodus of high-profile executives at MultiChoice sparked speculation that there may be more to these resignations than meets the eye.
One theory is that MultiChoice CEO Calvo Mawela’s management style and strategic direction of the company led to the resignations.
It is also speculated that some of the resignations and departures were not planned, but this could not be confirmed.
MyBroadband asked MultiChoice about the flood of high-profile exits at the company, saying:
During the last time we have reflected on our ways of working and structure, focusing on our efficiencies within the group. As part of this process, we have had some voluntary departures. We will continue to strive for efficiencies in the future.
Here’s a quick overview of high-profile MultiChoice resignations and departures in recent weeks.
Mark Rayner, CEO of MultiChoice SA
MultiChoice South Africa CEO Mark Rayner joined the company in 2007, where he served as CFO of DStv Mobile until September 2008, after which he assumed leadership of the company.
As CEO of DStv Mobile, he oversaw the introduction of various mobile television services throughout the African continent.
In November 2013, Rayner was appointed COO of MultiChoice South Africa and was promoted to CEO in May 2016.
Niclas Ekdahl, CEO of MultiChoice Connected Video
MultiChoice Connected Video CEO Niclas Ekdahl was appointed to the position in September 2018.
He led several projects in the connected video unit during his tenure, including a redesign of the DStv Now interface and the launch of Showmax’s R49 mobile-only plan.
Under his leadership, the company conducted field tests for its standalone streaming service, which will deliver DStv content over the Internet without requiring a turntable or decoder installed.
Max Krudop, Chief Strategy Officer, MultiChoice Group
MultiChoice Group Chief Strategy Officer Max Krudop joined Naspers in January 2016 as Chief Strategy Officer.
In this role, he was responsible for the group’s strategy, supporting Naspers portfolio companies, business development and identifying new investments.
In May 2018, he joined MultiChoice Group as Chief Strategy Officer, where he was also responsible for new investments, partnerships, and special projects.
Richard Boorman, Communications Director, Connected Video, MultiChoice
MultiChoice’s Connected Video Head of Communications Richard Boorman was one of Showmax’s first employees when he joined the company in August 2015 as Head of Communications.
After Showmax merged with MultiChoice’s connected video division, he was appointed director of brand communications and journalism.
He is known as one of South Africa’s leading communications specialists who has successfully led investor and media relations at Vodacom and Sappi.
Read Now: Mark Rayner, CEO of MultiChoice SA, resigns
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