Naspers CEO Van Dijk Departs Amid Shareholder Dissatisfaction Over Tencent Stake and Pay
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Bob van Dijk has abruptly departed as CEO of Naspers and Prosus after shareholder dissatisfaction.
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Van Dijk oversaw the creation of Prosus to hold Naspers' stake in Tencent, but a complex cross-holding structure was criticized.
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The cross-holding has now been unwound, aiming to boost profitability by 2025.
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Erwin Tu is named interim CEO and is seen as a contender for the permanent role.
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Van Dijk's pay had attracted shareholder objections due to its linkage to the growth of Tencent.
