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Appointment of Sasol President and Chief Executive Officer

Nov 17, 2023over 1 year ago

Position

President

Company

Sasol

Simon Baloyi
SandtonRenewable EnergyEnergyManufacturing

Description

The Board of Sasol Limited is pleased to announce the appointment of Mr Simon Baloyi as the President and Chief Executive Officer and executive director of the Company with effect from 1 April 2024.

Company Information

Company

Sasol

Location

Sandton, Gauteng, South Africa

About

Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products, creating value for stakeholders. Sasol comprises three distinct market-focused businesses, namely: Chemicals, Energy and Sasol ecoFT. Our more focused portfolio is underpinned by a transition to a lower-carbon future and our 70-year track record demonstrates we have the capabilities and competencies to deliver sustainable value in these three core businesses.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months