IST GROUP LIMITED
IST GROUP NAMES NEW MANAGING DIRECTOR
Pretoria, 15 March - IST Group today announced that Harry Coetzee had been
appointed as group managing director with effect from 19 March. Lindsay
Robertson, who was seconded to IST from Coronation FRM as interim managing
director last year, will become deputy chairman.
Coetzee, 45, was until recently managing director of Toyota SA Manufacturing.
A mechanical engineer with a Wits MBA, he joined Toyota in 1995 after a spell
as managing director of Bosal. Before that, he held senior positions in
Dorbyl, Form-Scaff and Baldwins Steel.
Announcing the appointment, Robertson noted that when Coronation FRM had been
retained last May to refocus and revitalise IST, one of its priorities had been
to recruit a full-time CEO. "We are delighted that IST has been able to
attract a candidate of Harry's calibre and we are confident that under his
leadership, the recovery process now under way at the company will be strongly
sustained," he said. Robertson said he and Coronation colleagues Peter
Flack and Alastair Moffat would continue to be actively involved in the
strategic direction of the technology group.
Issued by du Plessis Associates on behalf of IST Group. dPA contact: Kathy du
Plessis on tel:011-728-4701, mobile:083 266 5847, fax:011-728 2547/8 or e-mail:
ist@dpapr.co.za.
For further details please contact Lindsay Robertson on 012-348-8705 or
082-807-7709
Kind regards
Kathy du Plessis
tel: +27-11-728-4701
fax: +27-11-728-2547
mobile: +27 (0) 82-815-0771
Postal Address: PO Box 87386 Houghton 2041
Physical Address: Central House, 40 Central St (cnr 9th Ave), Houghton
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