RESIGNATION OF ESKOM BOARD CHAIR
On Wednesday 28th October, 2009, Eskom’s CEO, Mr Jacob Maroga,
offered to resign. The Board accepted the resignation. The Board’s legal
advice is that the resignation was quite clear in its intent, and the Board was
entitled to accept it.
On Thursday 28th Mr Maroga denied resigning. The Board offered to submit
this dispute of fact to binding private arbitration. Mr Maroga has not
responded to this offer.
On Sunday, 8th November the Board proposed a comprehensive set of
measures which would have had the effect, if agreed by Mr Maroga, of
requiring the Board to state its case for why it believed the relationship with
Mr Maroga had broken down irretrievably. Mr Maroga would then be given
a reasonable period of time in which to respond. Mr Maroga rejected these
proposals.
Thus far government, as ESKOM’s sole shareholder, has been unable either
to support the Board’s original decision (to accept the resignation) or its two
attempts at resolving this dispute.
In these circumstances, and with the best interests of the organisation in
mind, the only course of action seems to me to resign as Chair and as
Director.
ESKOM is a critical national asset. The talented, dedicated and highly
experienced people who work at ESKOM are more than capable of meeting
its present challenges. My hope is the Government will move quickly to
ensure united and effective leadership.

Related posts:

1. Godsell: I’m not going back to Eskom – full text
2. Now it’s goodbye Bobby, hello Jacob. Eskom runs a tight circus
3. Eskom: Bobby Godsell should be ashamed of himself
4. Barbara Hogan on Eskom – full text
5. Bobby Godsell needs a lecture on competition