Eben Greyling, CEO of multinational media company Naspers' pay-TV division, has stepped down after over 18 years with the group.
In a statement today, the listed company said Greyling had "decided to take a break and pursue new interests".
Greyling was instrumental in building the group's successful pay-TV businesses across Africa, Naspers said. "Under his leadership over the last five years, the subscriber base and turnover of the pay-TV businesses more than doubled."
Jim Volkwyn, previous head of the group's pay-TV segment, takes over the reins as of today.
Greyling joined the MIH Group in 1996 as group financial manager of MultiChoice.
In 1997, he was appointed general manager of operations, and in 1999, CFO of MultiChoice.
In 2000, Greyling became CFO of pay-TV platforms at Naspers' subsidiary MIH, a position he held until his appointment as CEO of MultiChoice Sub-Saharan Africa in 2005.
Greyling is a chartered accountant and completed his articles at Pricewaterhouse Coopers. He held various positions in the audit and corporate finance division of Pricewaterhouse Coopers until 1995.
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