The board of directors of Nampak ("the Board") advised shareholders on 31 March 2025 that Mr Andrew Hood (“Andrew”) had been appointed as Chief Operating Officer with effect from 1 April 2025 as part of succession planning to succeed Mr Phil Roux (“Phil”) as Chief Executive Officer (“CEO”) with effect from 1 October 2025.
The Board advises shareholders with regret of Andrew’s resignation due to personal family circumstances. Andrew has made a significant contribution to the turnaround of Nampak during his tenure, and the Board would like to extend its sincere gratitude to him.
In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the Board (on recommendation of the Nominations and Remuneration Committee) has agreed to extend Phil’s term as CEO until a suitable successor has been appointed, thereby ensuring leadership continuity. The appointment of a future CEO for Nampak remains a high priority for the Board, and shareholders will be advised of further developments in this regard.