Old Mutual vs Moyo: Now for round two
Moyo has been reinstated, but the spat’s ugliness means he’s unlikely to have a long-term career at Old Mutual
01 August 2019 - 05:00
Only two things seemed certain on Tuesday as the investment community digested the high court judgment in the Old Mutual vs Peter Moyo wrangle: the insurance giant would relaunch its bid to remove its CEO and this time it would play close attention to procedure; and Moyo was in line for a much more attractive settlement from his employer of two years.
The high court reinstated Moyo to his position of CEO, after he was fired in June following a "breakdown of trust" between him and the board, chaired by former finance minister Trevor Manuel...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.