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Telkom: Acting CEO has his work cut out

ADSL South Africa (Broadband South Africa), 1 August 2010

Jeffrey Hedberg, who has taken over from former Telkom CEO Reuben September as acting Telkom CEO, has his work cut out for him given the fact that Telkom is facing tough times to say the least. Many believe that a person of Hedberg’s caliber is needed to turn the telecoms group around for the better. It however remains an open question if he will stay on as Telkom CEO permanently and whether he will be successful in turning the group around or not.

Conflict between Senior Management and the Telkom Board…

Conflict, or allegations of conflict between Senior Management and the Telkom Board, has resulted in the departure of not only the former Telkom CEO, Reuben September, but also former Financial Officer (FO) Peter Nelson and no less than four senior managers. This opened up enough space for Hedberg to step in and become acting CEO of Telkom, which comes with a great deal of responsibility to say the least.

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