Naspers, a South Africa-based media and e-commerce company, has made several changes to its board: Lourens Jonker, Neil van Heerden and Prof Hein Willemse have stepped down, while Craig Enenstein, Don Eriksson, Roberto Oliveira de Lima, Yuanhe Ma and Cobus Stofberg, most of whom have previously served on the board of Naspers’ subsidiary MIH, have been appointed directors. The Naspers board now comprises 15 directors with Ton Vosloo as chair, Koos Bekker as CEO and Steve Pacak as CFO.
Ton Vosloo, chair of Naspers, in explaining the background to the changes, said: “As Naspers’s subsidiary MIH Holdings (Pty) Ltd (MIH) had grown to comprise the vast majority of Naspers’ market capitalisation, large overlaps developed between the activities of the MIH and Naspers boards. It was decided to reconfigure the Naspers board.”