NAMPAK, the diversified packaging manufacturer, announced that the company’s chief executive officer has resigned, and named his successor in a SENS announcement on 31 March.
Out-going CEO, Phildon (Phil) Roux (pictured) will continue working for the company for a six-month notice period. The board said he will step down from the CEO role on 30 September 2025, aligning with the company’s financial year-end.
The company said Roux would remain focused on driving growth and concluding key turnaround initiatives for the remainder of his tenure.
As part of the succession plan, the board announce the appointment of Andrew Hood as CEO with effect from 1 October 2025. Hood currently serves as the portfolio executive for the diversified segment and has extensive experience within Nampak.
The bord said that his operational expertise and deep understanding of the business and market dynamics make him a natural successor. To support a structured handover, Hood will be appointed chief operating officer with effect from 1 April 2025 and will work closely with Roux during the transition period.
Following his resignation as CEO, Roux will remain on the board in a non-executive capacity.
In addition, the board will establish a strategic planning and oversight committee as a sub-committee of the board. It is anticipated that the new committee will be responsible for coordinating Nampak’s strategic planning efforts and will be chaired by Roux, with both Roux and Hood appointed as permanent members.
According to the statement, the committee’s expected primary focus will be twofold: firstly, to oversee the planning and coordination of key customer engagements and secondly, to ensure that plans relating to plant, infrastructure, and capital investment are aligned with the company’s broader business objectives.
