Multichoice has announced the CEO of its South African operations and Showmax streaming service, Mark Jury, has resigned.
Jury has been in the post for two years and with the company for 10 years.
Multichoice said Jury would stay on for the next four months to allow for a smooth transition with his successor, the current CFO, Byron du Plessis.
“Du Plessis has been pivotal in driving strategic initiatives and partnerships, including the KingMakers, Comcast and Sanlam deals, as well as being instrumental in the ongoing Canal+ acquisition process,” Multichoice said in a letter to staff.
“While this is a bittersweet moment for us as we bid farewell to Marc, we are confident in Byron’s ability to build on this legacy and take MultiChoice South Africa to even greater heights.”
Jury is returning to the business of sport, having been CEO of Supersport between 2020 and 2023.
Earlier this month it was announced Multichoice had lost around 1.8 million subscribers, resulting from the combination of a poor economic climate and a growing number of free-to-air and streaming alternatives.
Multichoice is in the process of being acquired by Canal+ as it pushes out of francophone Africa.
MultiChoice officially accepted the offer from the Vivendi unit in June.
