JSE-listed building and construction materials company Sephaku has appointed Kenneth Capes SepHold CEO, with effect from April 1, 2023.
Capes is currently the CEO of wholly-owned subsidiary Métier Mixed Concrete and is a SepHold executive director.
He first joined the board as an executive director in the first quarter of 2013 as part of the founding owners of Métier following its acquisition by Sephaku.
Capes' extensive knowledge and passion for concrete manufacture led him to be a founder of Métier in 2007, expanding the operations throughout the Western Cape, Natal and Gauteng markets. His prowess in building materials and entrepreneurial flair has enabled Métier to outperform its peers consistently, the company said.
Further, Neil Crafford Lazarus, who has been fulfilling the dual role of SepHold's CEO and FD since January 2020, will continue in his role as SepHold FD.
"The board welcomes the appointment of Kenneth as SepHold's CEO and believes that his continued partnership with Neil will assist the company in navigating the challenging operating environment," Sephaku said. 