MEDIA MOVES / 14 MARCH 2019 - 16.01 / STAFF REPORTER
Founder and chief executive officer of Vuma Reputation Management, Janine Hills, will step aside as CEO of the company on 1 June 2019, in a move that highlights the success of the company’s transformation drive.
Palesa Madumo, executive director of strategy, and Tshepo Sefotlhelo, executive director of operations, will succeed Hills as joint CEOs, and the new company structure will be ratified by the board at the end of a three-month transition period. In the meantime, Hills will work closely with the Directors to ensure a smooth and successful transition.
Tshepo-Sefotlhelo-and-Palesa-Madumo - Media Moves
In 2017, a Broad-Based Black Economic Empowerment (B-BBEE) transaction was concluded with the company’s executive team, and the latest move is the next step in leadership development and empowerment at Vuma Reputation Management.
Hills will remain on the Vuma Reputation Management board and will continue to have an active role in the organisation, with a focus on crisis management, reputation management, business development and finance. The deal, which sees Hills stay on as a shareholder, means that the company will be majority black- and women-owned.
Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER