Management shake-up at Naspers pay-TV operations

This article was posted by on Oct 27th, 2009 and filed under News, Top. You can follow any responses to this entry using RSS 2.0. Both comments and pings are currently closed.

Nolo Letele

Big changes in management are on the cards at Naspers-controlled pay-TV operator MultiChoice, TechCentral has learnt.

Jim Volkwyn, head of pay-TV platforms at MultiChoice parent MIH, has elected to retire, resulting in a comprehensive shake-up in top management at the DStv operator. Meloy Horn, head of investor relations at Naspers, has confirmed the changes.

Eben Greyling, CEO of MultiChoice Africa — this business houses Naspers’s pay-TV interests on the continent outside SA — has been named as Volkwyn’s successor. In turn, MultiChoice SA chief operating officer Collins Khumalo will fill the post left vacant by Greyling.

Nico Meyer, MultiChoice SA’s chief financial officer, will take over Khumalo’s job, though with the title of CEO. He will report to Nolo Letele (pictured), who heads up the MultiChoice SA, M-Net and SuperSport operations as group CEO.

Letele, meanwhile, is said to be planning to retire in the third quarter of next year. That’s when he turns 60, which is Naspers’s compulsory retirement age. It’s not yet clear who will replace Letele, who is credited with helping build the powerful DStv brand in SA. It’s possible that Letele will stay on, perhaps in a different role.  — Duncan McLeod, TechCentral

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