South Africa: Stadio CEO to Step Down

analysis

The entrepreneurial founder of education companies Curro and Stadio is to step down in 2020. However, he is not lost to South Africa's education sector.

In a case of succession planning that SA's state-owned entities can only dream of, Dr Chris van der Merwe, founder of JSE-listed secondary education company Curro, and current CEO of tertiary educator Stadio Holdings, announced he will step down at the end of March, 2020.

The transition has been planned for months.

However, at 57, the enterprising Van der Merwe is not putting away his pencil and ruler. Instead, he will continue to serve as a non-executive director on the board of Stadio, where he will oversee the development of two new greenfield campuses in Centurion and Durbanville.

He will investigate the establishment of a medical faculty, a dream that is close to the heart of Van der Merwe and Piet Mouton, CEO of PSG which incubated both Curro and Stadio.

In addition, he plans to spend time developing the educational assets within PSG itself, in particular, the online assets.

This does not sound like the ambitions of a man intent on retiring.

Van der Merwe was instrumental in establishing Stadio through the unbundling of...

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