Alan Knott-Craig, who has been the CEO of Vodacom since the company was formed 15 years ago, has confirmed he will step down from his post in September.
Knott-Craig ended weeks of speculation on his future at Vodacom at the company's presentation of its annual results in Johannesburg today. His contract as CEO only expires next year.
He said he would not be leaving the country, nor the telecoms sector, but only Vodacom, quipping that the announcement would also give him more time to pursue one of the other passions in his life – photography.
The smart money is on Vodacom COO Pieter Uys replacing Knott-Craig, but he would not be drawn on this, saying simply that the positions of CEO and CFO were controlled by the company's sharegholders.