Phildon Roux will step down as CEO of JSE-listed packaging producer Nampak with effect from September 30 and will be succeeded by Andrew Hood.
To support a structured handover, Hood will take up the position of COO from April 1 to work closely with Roux during the transition period.
Hood was previously the portfolio executive for the diversified segment of the group and has extensive experience within the organisation.
“His operational expertise and deep understanding of the business and market dynamics make him a natural successor,” Nampak states.
Following his resignation as Nampak marks its year-end on September 30, Roux will work as chairperson of a newly planned Strategic Planning and Oversight Committee, which Nampak will establish as a subcommittee of the board.
The committee will be responsible for coordinating Nampak’s strategic planning efforts, including oversight of planning and coordination of key customer engagements and to ensure that plans relating to plant, infrastructure and capital investment are aligned with the company’s broader business objectives.
