Photo: Thobile Mathonsi
Durban - After more than 30 years with the listed hospital group Mediclinic International chief executive Danie Meintjes intends to step down from his position and as a director at the end of July next year.

The group said on Tuesday that its nomination committee would immediately begin a search to identify a successor .

Meintjes joined the group in 1985 as the hospital manager of Mediclinic Sandton and became a director in 1996.

He rose through the ranks and was appointed chief executive of Mediclinic Middle East in 2007 and the group’s chief executive in 2010. During this period, he has been part of the group’s transformation from a pure South African company to an international hospital group.

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Neil Brown, a co-fund manager and equity analyst at Electus Fund Managers, said Meintjes was 61 years old and had been a director for more than 20 years.

“It is sensible chief executive succession planning to have a handover period between the old chief executive and the new one and this will be achievable as Meintjes will retire in July 2018,” he said.

Meintjes’ successor should preferably have experience of managing global hospital businesses, Brown said.

BUSINESS REPORT ONLINE