BUSINESS DAY TV: Ansys ‘now in good hands and in good space’
TEDDY Daka is Ansys CEO.BUSINESS DAY TV: Its acquisition of Parsec Holdings last year has had transformative effect on rail, engineering, defence and telecommunications group Ansys, which today posted results ending March showing an 89% jump in revenues to R474m and a 25% rise in headline earnings per share to 5.5 cents. But having stepped in to steward the company out of a bad patch four years ago CEO Teddy Daka is once again assuming the post of chairman, and he joins us now in the News Leader studio.Teddy ... so why the move back to the chairmanship position?TEDDY DAKA: I was the chairman of the company, the company went through a difficult time and the board asked me to step in and help out. The idea was to find a CEO and go back to chairmanship, but things were so bad that it was very difficult to do so. It’s now four years down the line and I believe we’ve managed to do that. We have Rynier van der Watt, who is taking over, and he is a good guy and I’m very comfortable that th...
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