Exxaro Resources has announced important changes to its management team to better reflect its expanding and more diverse business portfolio. The company is making two new key appointments that will help it focus on growth in energy, metals, and maintaining its coal operations.
From November 1, Caroline Shirindza will become the new executive head of coal, while Neo Monareng will take on the role of executive head of sustainability at the same time. These changes are part of a wider effort to prepare the company for the future, making it more flexible, collaborative, and quick to respond to new opportunities.
The company’s CEO, Ben Magara, explained that these leadership moves are designed to strengthen the team’s ability to capitalise on opportunities across coal, energy, and transitional metals. The goal is to improve operational efficiency and manage capital wisely, ensuring long-term growth and value for shareholders.
The updated leadership team now includes Riaan Koppeschaar as finance director, Michelle Nana as group company secretary, and Joseph Rock heading people and performance. Johan Meyer will oversee metals, Leon Groenewald will focus on energy, and Mervin Govender will manage technical services. Richard Lilleike is responsible for strategy and business development, while Monareng will step into the sustainability role, succeeding Mongezi Veti, who is retiring in 2026.
Magara highlighted that these appointments will help the company deliver sustainable growth, operational excellence, and long-term value for all stakeholders. He expressed enthusiasm about welcoming Caroline Shirindza and Neo Monareng to the leadership team, emphasising that the refreshed management structure positions Exxaro well for future success.
Overall, these strategic management changes aim to boost diversification efforts, strengthen core operations, and unlock new value in energy and metals, all while continuing to support the company’s strong coal business.