Sasol Limited Strengthens Leadership with New Chairman and Directors
Strengthening Governance at Sasol Limited
Recent developments at Sasol Limited have led to significant changes within its Board. These adjustments come in response to the company's ongoing commitment to effective governance and sustainable business practices. In an exciting leadership transition, Sasol has appointed Ms. Muriel Dube as the new Chairman of the Board.
New Appointment of Chairman
Ms. Muriel Dube’s appointment marks a pivotal moment for the company. Having joined the Sasol Limited Board as an independent non-executive director in 2018, Muriel brings a rich experience that encompasses sustainability, finance, and management. She holds an impressive academic background with an MSc degree in Environmental Change and Management from Oxford University, among other qualifications.
Before her current role, Muriel held various significant positions, including serving as the Chief Negotiator for South Africa during climate change discussions under the United Nations Framework Convention. Her leadership experience includes tenures as Group Commercial Director and Investment Banker, showcasing her diverse background.
Commitment to Sustainable Business
The Board expressed enthusiasm over Muriel's appointment, highlighting her ability to steer Sasol towards a sustainable future. In her new role, she is expected to lead the organization not only in governance matters but also in enhancing its commitment to environmentally responsible practices.
New Lead Independent Director
With Muriel stepping into the Chairman role, Dr. Martina Flöel has been appointed as the Lead Independent Director. Her track record within the company and in other organizations prepares her well for this critical function. The Board is confident that her perspectives will supplement Muriel's efforts toward advancing the company's strategic goals.
Board Committee Adjustments
In the wake of these leadership changes, several adjustments to the Board committees have also been made. Muriel's transition necessitates her stepping down from her prior roles on the Safety, Social and Ethics Committee and the Audit and Capital Investment Committees. This decision ensures that her focus remains on her new responsibilities as Chairman.
Mr. David Eyton, an independent non-executive director, has been appointed to lead the Safety, Social and Ethics Committee, in addition to joining the Audit Committee and the Nomination and Governance Committee. David’s experience in these areas will help Sasol maintain its high standards of corporate governance.
Furthermore, Ms. Katherine Harper has joined the Remuneration Committee as a member, filling the vacancy left by David Eyton. These committee changes reflect Sasol's ongoing efforts to ensure that its leadership is aligned with its dedication to good governance and responsible oversight.
Future Directions for Sasol Limited
Reflecting on the significance of these transitions, Muriel Dube stated, "The Board's depth, expertise, and experience will continue to benefit Sasol as we progress into the future. I look forward to continuing on this journey with my fellow directors." This sentiment captures the spirit of collaboration and commitment present within Sasol’s leadership team.
Contact Information for Investor Inquiries
For those looking for more information, Sasol Investor Relations can be contacted. Tiffany Sydow, VP of Investor Relations, is available for inquiries. Interested parties can reach her directly at +27 (0) 71 673 1929 or via email at investor.relations@sasol.com.
Frequently Asked Questions
1. Who is the new Chairman of Sasol Limited?
The new Chairman of Sasol Limited is Ms. Muriel Dube, appointed to lead the board effectively.
2. What experience does Muriel Dube bring to Sasol?
Muriel has vast experience in sustainability, finance, and leadership roles, enhancing the company’s governance.
3. Who has been appointed as the Lead Independent Director?
Dr. Martina Flöel has been appointed as the Lead Independent Director following Muriel Dube's chairmanship.
4. What changes were made to the Board committees?
There have been several committee changes, including new appointments to maintain effective governance.
5. How can investors contact Sasol for more information?
Investors can contact Tiffany Sydow at Sasol Investor Relations via phone or email for inquiries.
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