After 12 years at Lexmark – five of them as MD of its South African subsidiary – Hans Horn has resigned from the company.
He has been replaced as MD by Branislav Zivkovic who spent time at Lexmark in Switzerland, Germany and its headquarters in Lexington, Kentucky before his current assignment.
In other moves at the local subsidiary, another Lexmark Europe veteran, Roland Huber has taken over as chief financial officer. Former CFO, Hamid Ait Madi, is now Lexmark SA's services manager.
The resignation of Horn – who was instrumental in establishing Lexmark SA after the buyout of its then distributor Venture Computer, and in formulating its Siyaphambili BEE programme – came as a surprise to many in the industry.
While no official reasons have been given, it was well-known that Horn was determined to stay in South Africa. Three years ago he managed to negotiate an extension to his local contract which would have been up for review at the end of last year.
Speculation is that Lexmark wanted him to return to its Benelux region.
In an official statement, Horn says: "My family and I have come to love South Africa and I have had a very fulfilling five years here with Lexmark, but I see so much more opportunity and so much more to be done that I'm not going anywhere else.
"Professionally there is no place I would rather be," he says. "I want to be part of South Africa's future, and I believe I have something to offer my new home."
Horn says he is weighing up several options including corporate offers and private business ventures.