Broadcaster eMedia Holdings — which owns the popular free-to-air brands eTV and eNCA and is controlled by Hosken Consolidated Investments (HCI) — has lost its highly rated CEO at a critical juncture in the development of its satellite television offering. On Tuesday, Andre van der Veen, who was appointed CEO in November 2017, announced he would step down from the eMedia board at the end of November. No reasons were given for his resignation. Market speculation is that it was probably the right time for Van der Veen, who has significant other interests, to move on. Most notably, this includes a large investment in JSE-listed waste-to-energy company Montauk, which has significant exposure to the US market. He will be replaced by Khalik Sheriff, the deputy CEO of eMedia. Sheriff is a media sector veteran and ranks as eMedia’s most experienced television executive, having been with the group for more than 15 years. Van der Veen’s appointment followed an extended period during which eMed...
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