Nampak has announced the appointment of Riaan Heyl as its new CEO, effective February 2026, following a challenging period of leadership changes and ongoing business transformation efforts.
This decision comes after a turbulent succession process within the packaging group. Phil Roux, who has been at the helm since 2022, had planned to retire at the end of September after successfully overseeing restructuring, debt reduction, and operational improvements. Initially, Andrew Hood, the company’s COO and head of the diversified portfolio, was set to succeed Roux. However, Hood resigned earlier this month due to family reasons, leaving Nampak without a designated successor.
To ensure continuity during this transition, Nampak’s board extended Roux’s tenure beyond his planned retirement until a permanent replacement was found. Under Roux’s leadership, the company successfully reduced debt, enhanced profit margins, and divested assets, including the sale of Bevcan Nigeria. The group also streamlined its portfolio and made strategic investments in capacity expansion as part of its turnaround strategy.
Riaan Heyl, a chartered accountant with over 20 years of experience in the fast-moving consumer goods sector, has been chosen to lead Nampak. Previously the CEO of PepsiCo SA, Heyl played a key role in integrating Pioneer Foods after its acquisition by the US food and beverage giant in 2020. He has worked alongside Roux at Pioneer, bringing valuable insights and experience to his new role.
Heyl’s appointment is seen as a crucial step towards stabilising Nampak as it continues its financial and operational recovery after years of restructuring and leadership uncertainty.