André de Ruyter has a wealth of experience in the petrochemical industry. He was the Eskom Holdings Group Chief Executive and recently resigned from his position as the CEO of Eskom. Here is everything you need to know about André de Ruyter's wife, kids, qualifications and more.
Besides serving as the CEO of Eskom, André was also a member of the board of Nampak Holdings (UK) Ltd. and Nampak Plastics Europe Ltd. He also served as the Managing Director at Sasol Olefins and Surfactants Pty Ltd.
|André Marinus de Ruyter
|Date of birth
|52 years old (as of 2023)
|Place of birth
|Pretoria, South Africa
|Pretoria, South Africa
|Die Hoërskool Menlopark
|University of Pretoria, Universiteit Nyenrode Netherlands Business School, University of South Australia
André de Ruyter's wife, career and more
André Marinus de Ruyter is a businessman and the former CEO of Eskom, who recently resigned from his position at the company. He is a married man and has three kids.
How old is André de Ruyter?
André de Ruyter's age is 52 years as of 2023. He was born in 1971.
What nationality is André de Ruyter?
The businessman was born in Pretoria, South Africa.
Who is André de Ruyter's sister?
He has a sister named Jenna Ruyter. Little is known about her, but in November 2021, reports surfaced that he had handed over temporary control of Eskom to her, though this was not confirmed.
André de Ruyter's qualifications
He then enrolled at the University of South Australia for his Master of Laws and, later on, for his LLB. He has more than 30 years of experience in the petrochemical industry.
For these years, he has served in the following managerial positions:
- General Manager of Sasol Ltd
- The Senior Executive at Sasol Ltd
- The CEO Designate and the Executive Director of Nampak Ltd
- The Chief Executive Officer of Nampak Ltd.
- He has also worked in Nigeria, Angola, China, and the USA.
André de Ruyter at Eskom
André was among the one-hundred and forty-two candidates contesting for the position of CEO of Eskom in 2019. He qualified for the job and was appointed the CEO of the company, where he resumed office in January 2020.
His appointment stirred controversy in the country, with some government officials questioning and rejecting his approval. The ANC was among the few parties that boldly lauded the appointment.
At the same time, the National Union of Mineworkers rejected the position stating that André De Ruyter was a 'white outsider' and that he had experience working in the body.
Is André de Ruyter still CEO of Eskom?
No. He tendered his resignation. It was noted that Ruyter informed the Eskom board of his decision to resign on Wednesday, December 2022.
Why did André de Ruyter resign?
Ruyter's apparent abrupt resignation as Eskom's CEO could be attributed to a barrage of public attacks directed at him by Mineral Resources and Energy Minister Gwede Mantashe and Gordhan's and President Cyril Ramaphosa's subsequent failure to support him and his management publicly.
According to Business Unity SA, Ruyter's resignation was a major setback for Eskom, and he failed to address the country's ongoing energy crisis.
They said his replacement must have the skills and capability to continue all efforts to reduce load shedding, accelerate Eskom's restructure, and combat ongoing corruption.
Who is the CEO of Eskom?
Calib Cassim was appointed as interim CEO in February 2023. He is a Chartered Accountant with a Master's degree in Business Leadership (MBL). Calib Cassim's responsibility is to provide strategic direction to Eskom's Executive Committee and Board on major regulatory problems, such as long-term financial plans.
What is André de Ruyter's net worth?
According to Freshers Live, André de Ruyter's net worth is alleged to be $10 million. His success can be attributed to his career and several managerial positions he has held.
How much did André de Ruyter get paid?
André de Ruyter's salary at Nampak was a significant amount, totalling R18.3 million annually. Additionally, people often wonder about André de Ruyter's salary per month, considering his high-profile position. His monthly earnings were around $1.5 million.
How was his performance at Nampak?
André de Ruyter's Nampak performance was not very impressive. When he was named CEO of Nampak in March 2014, the share price was R37 per share, with a market capitalization of R29 billion.
When he departed the firm at the end of 2019, the share price had fallen to much below R7 per share, with a market capitalization of R5 billion.
He revealed that Nampak purchased the Nigerian beverage can producer Alucan Investment prior to his tenure as CEO. It had also been rapidly growing in Angola, leaving the corporation in debt up to its eyeballs.
His poor performance at Nampak led many to believe that he was not the proper person to be chosen CEO of Eskom. André recently published a book titled Truth to Power: My Three Years Inside Eskom. It chronicles his three years at South Africa's state energy provider, Eskom.
Is de Ruyter married?
Yes. The South African businessman is a happily married man. There is little information available about André de Ruyter's wife, but it is known that the couple is blessed with three children.
Where is André de Ruyter now?
André de Ruyter fled South Africa after being advised that his life was in danger. He has kept his current location hidden from everyone. When asked where he currently resides, he said that he prefers not to reveal anything. He stated that:
I was made aware that I had reason to be careful. Rather than wait around to see if the intelligence had merit, I decided to be prudent.
Quick facts about André Marinus de Ruyter
- His book was published on the 14th of May, 2023.
- He worked for 20 years for Sasol's energy and chemicals group.
While not much is known about André de Ruyter's wife, his career portfolio has put him to fame. He worked as the CEO of Eskom since 2020, and his resignation sparked numerous debates, with some blaming him for the country's current energy crisis and others arguing that he should return to his position.
Briefly.co.za recently published an article about Elena Gilyard's biography. She rose to prominence as the second wife of Clarence Gilyard, an American actor, lecturer, and novelist.
The couple was married for more than two decades before the acclaimed actor died in 2022. Elena remains a popular topic among fans and the media, who respect her bond with the late celebrity.
Source: Briefly News