Sasol succession plan in place as CEO’s term set to end in 2024

Sasol said it has a plan in place to find a successor for CEO Fleetwood Grobler, whose term of running South Africa’s biggest publicly traded company by revenue will end next year. The board’s nomination and governance committee started a “process to identify a suitable successor” to Grobler in 2022, chairperson Sipho Nkosi said in an emailed response to questions. The company will announce the new CEO in the first half of 2024, he said.