Janine Hills, Founder and Chief Executive Officer of Vuma Reputation Management will step aside as CEO of the company on 1 June 2019, in a move that highlights the success of the company’s transformation drive.
In 2017, a Broad-Based Black Economic Empowerment (B-BBEE) transaction was concluded with the company’s executive team and the latest move is the next step in leadership development and empowerment at Vuma Reputation Management.
Palesa Madumo, Executive Director of Strategy and Tshepo Sefotlhelo, Executive Director of Operations, will succeed Hills as Joint CEOs and the new company structure will be ratified by the board at the end of a three-month transition period.
In the meantime, Hills will work closely with the Directors to ensure a smooth and successful transition.
Thereafter, Hills will remain on the Vuma Reputation Management Board and will continue to have an active role in the organisation, with a focus on crisis management, reputation management, business development and finance.
The deal, which sees Hills stay on as a shareholder, means that the company will be majority black and women-owned.
“A good leader knows when to pass the baton to the next generation of leadership,” says Hills.
“It is time for the Executive Directors to take over and I am confident that they are well equipped to take Vuma Reputation Management to greater heights.”
Hills, one of South Africa’s foremost reputation management experts, founded the company in 2005.
It has since grown into a world-class business, providing advisory and consulting services to at least 50 JSE-listed companies, and to companies across the continent and globally.
“We would like to thank Janine for her vision, leadership and confidence in our capabilities to lead Vuma following her years at the helm,” says Sefotlhelo.
“This is a great example of what can be achieved through a true commitment to transformation. Having been in the business for years, Palesa and I have the skills and experience to scale the company and ensure its sustainability into the future.”
Madumo says that to take the company to next stage will require insight and vision from her and Tshepo.
“Working off an excellent foundation makes our roles – to continue providing excellent service to our valued clients and stakeholders and ensuring that the organisation has skilled and happy people working in it, an exciting prospect,” said Madumo.