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Craigie Stevenson steps down from Cell C

23rd March 2023

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

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The hunt for a new CEO for telecommunications group Cell C is under way following the resignation of Douglas Craigie Stevenson.

Craigie Stevenson will step down as CEO, effective March 31, 2023, for personal reasons and to pursue other opportunities in line with his personal career goals.

Cell C chief restructuring officer Brett Copans, who was appointed in April 2022 and was primarily responsible for ensuring the successful conclusion of the recapitalisation transaction, will step in as interim CEO.

“The board of Cell C will initiate a process to appoint a permanent CEO,” says Cell C chairperson Joe Mthimunye, thanking Craigie Stevenson for his valued contribution and for successfully assisting in navigating Cell C through the recapitalisation process.

“Through the implementation of Cell C’s new strategy, he has directed the company, in conjunction with his management team, to improved financial stability, enhanced operational performance and established a path to sustainability. We wish Douglas well in his future endeavours.”

Edited by Creamer Media Reporter

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