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South Africa: When a Company Falls Out With Its CEO - Lessons From Old Mutual
The Conversation Africa, 24 January 2020
A legal battle between Old Mutual, the South African-based pan-African investment, savings and insurance group, and its chief executive officer Peter Moyo has dominated news… Read more »
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South Africa: Old Mutual Limited Announces Resignation of Managing Director of Old Mutual Personal Finance
Old Mutual, 18 October 2019
Old Mutual Limited announced that Ms. Karabo Morule, Managing Director of Old Mutual Personal Finance, has resigned for personal reasons. She will remain in her role for three… Read more »
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South Africa: Business Leaders, Why Are You Silent About the Destructive Old Mutual-Peter Moyo Impasse?
Daily Maverick, 13 October 2019
As shareholders continue to lose billions of rand from the five-month dust-up between axed-but-reinstated CEO Peter Moyo and Old Mutual, business leaders are silent. There is a… Read more »
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South Africa: A Stay In or Out of Jail for Old Mutual Directors?
allAfrica, 9 October 2019
Old Mutual has pleaded with the South Gauteng High Court, saying the potential imprisonment of board members - if they are found guilty of contempt of court for not allowing ousted… Read more »
Moyo Wants Pound of Flesh From Old Mutual Directors
Peter Moyo, the on again, off again CEO of insurance giant Old Mutual, has brought Part B to his court case against his employer for their firing him, asking that the board chairman and directors be declared delinquent. Added to that, since the high court ruling that he be reinstated following his suspension and then his dismissal (twice) he is wanting the court to rule the members in contempt for not allowing him to return to work, which could be punishable with a fine or prison time - a move that Old Mutual's legal representative Craig Mcleod has said is "excessive and inappropriate".
InFocus
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Peter Moyo, the on again, off again CEO of South African insurance giant Old Mutual, is suing his employer for over U.S.$16 million, or reinstatement, after he was first suspended ... Read more »
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Peter Moyo the former CEO of African insurance giant Old Mutual, a South African firm, was first suspended then fired by the board for a breakdown in trust. Moyo turned to the ... Read more »
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Old Mutual's former CEO Peter Moyo will not go quietly as he fights for reinstatement in the South Gauteng High Court. In papers, he is asking the court to declare board chairman ... Read more »
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Financial services giant Old Mutual has been dealt a blow by a high court ruling that temporarily reinstates Peter Moyo to his position as CEO, after his suspension and subsequent ... Read more »
