Takealot appoints Illovo Sugar boss as new CEO

accreditation
0:00
play article
Subscribers can listen to this article
Mamongae Mahlare, new Takealot Group CEO.
Mamongae Mahlare, new Takealot Group CEO.
Supplied

Mamongae Mahlare has been appointed as the new CEO of the Takealot Group, replacing founder Kim Reid, who stepped down in February to become chairperson of the group.

Mahlare will be CEO from October. She joins the Takealot Group from Illovo Sugar SA where she was managing director.

She previously worked at SABMiller, Unilever and Coca-Cola. According to a statement by Takealot, she has experience in a number of fields, including operations, strategy, innovation, engineering, and branding.

"We have searched far and wide to find a leader who has the experience, skills and ambition to write the next chapter for the Takealot Group. I'm excited for this next phase and, as chairman, I am very much looking forward to partnering with Mamongae to continue to grow the business," said Reid.

"We're delighted that Mamongae is joining the group at such a pivotal time for Takealot. The business is in great shape and ready for its next phase of growth under a strong leadership team," said Bob van Dijk, Group CEO for Prosus and Naspers, which owns Takealot.

The Takealot Group owns online retailers Takealot.com and Superbalist.com, as well as delivery service Mr D Food.  

"The opportunity to lead a technology-centric, innovative, South African champion that has created thousands of jobs and enabled so many SMMEs over the past ten years is both exciting and humbling," said Mahlare.

Tessa Ackermann has been appointed as the group's chief financial officer. Other appointments include Alex Wörz, who has been appointed CEO of Mr D Food, Rayhaan Samsodien, who is the new CFO of Mr D Food, Octavius Vermooten as the new CFO of Takealot.com and Jurgen Hanekom, the new CFO for Superbalist.com.

"Seeing all the new appointments coming from within the group excites me as it points to the fact that the business creates opportunities for people to grow and progress," said Mahlare.


We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
15.77
+0.7%
Rand - Pound
19.69
-0.0%
Rand - Euro
16.65
-0.0%
Rand - Aus dollar
11.09
+0.1%
Rand - Yen
0.12
-0.0%
Gold
1,846.66
0.0%
Silver
21.76
0.0%
Palladium
1,970.00
0.0%
Platinum
958.50
0.0%
Brent Crude
112.55
+0.5%
Top 40
61,000
-1.2%
All Share
67,575
-1.0%
Resource 10
72,529
+1.6%
Industrial 25
72,948
-3.9%
Financial 15
15,746
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot