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Exxaro takes steps to create ‘fit for the future’ management structure

Exxaro executive head of coal Caroline Shirindza

Neo Monareng

20th August 2025

By: Sabrina Jardim

Creamer Media Online Writer

     

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JSE-listed Exxaro Resources has announced changes to its group management structure to reposition itself as an organisation that is “fit for the future” and incorporates its growing diversified portfolio.

The new structure is also expected to stabilise the business, enhance agility and collaboration and enable more responsive decision-making as Exxaro accelerates the execution of its sustainable growth and impact strategy.

The company says these changes ensure that Exxaro’s leadership team is aligned to exploit opportunities across coal, energy and transitional metals, while driving capital discipline and operational efficiency.

The group executive committee reporting directly to the CEO includes FD Riaan Koppeschaar; group company secretary Michelle Nana; executive head of people and performance Joseph Rock; executive head of coal Caroline Shirindza – effective November 1; executive head of metals Johan Meyer; executive head of energy Leon Groenewald; executive head of technical services Mervin Govender; and executive head of strategy and business development Richard Lilleike.

It also includes executive head of sustainability Mongezi Veti, who will retire on July 31, 2026.

Exxaro has appointed Neo Monareng to succeed Veti. Monareng will take up the role of designate executive head of sustainability from November 1.

“These leadership appointments and structural changes strengthen Exxaro’s functional model to deliver sustainable growth and long-term value to our shareholders and all our stakeholders.

“With a proven leadership team in place, Exxaro is well positioned to accelerate diversification, deliver consistent operational performance and unlock value in energy and metals, while continuing to strengthen our coal base. We look forward to welcoming Caroline Shirindza and Neo Monareng to team Exxaro,” says CEO Ben Magara.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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