The pressure is on for incoming Metair CEO Paul O’Flaherty — the third candidate to take up the hot seat within the space of a year — to bring stability to the firm after a year of executives jumping ship in a tough operational climate.

Former CEO Riaz Haffejee resigned at the end of March and his successor, Sjoerd Douwenga, announced in December that he was throwing in the towel amid a string of directors exiting. This stoked fears about a leadership vacuum at the JSE-listed energy storage and automotive component specialist...

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