Naspers CEO Van Dijk Departs Amid Shareholder Dissatisfaction Over Tencent Stake and Pay

Bob van Dijk has abruptly departed as CEO of Naspers and Prosus after shareholder dissatisfaction.

Van Dijk oversaw the creation of Prosus to hold Naspers' stake in Tencent, but a complex cross-holding structure was criticized.

The cross-holding has now been unwound, aiming to boost profitability by 2025.

Erwin Tu is named interim CEO and is seen as a contender for the permanent role.

Van Dijk's pay had attracted shareholder objections due to its linkage to the growth of Tencent.