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Stock impact report

Sasol investors seeking ouster of co-CEO Cornell - Bloomberg [Seeking Alpha]

Sasol Ltd. American Depositary Shares (SSL) 
US:NYSE Investor Relations: sasol.com/investor-centre/overview
Company Research Source: Seeking Alpha
Sasol investors seeking ouster of co-CEO Cornell - Bloomberg - Sasol Limited (NYSE:SSL) | Seeking Alpha Energy | On the Move Sasol investors seeking ouster of co-CEO Cornell - Bloomberg Aug. 30, 2019 11:15 AM ET Sasol Limited (SSL) Carl Surran Sasol ( +2.1% ousting co-CEO Stephen Cornell Investors including Allan Gray Ltd. and Coronation Fund Managers want management to take responsibility for the escalation in costs at SSL's $13B Lake Charles chemicals project in Louisiana, according to the report. Some investors reportedly also question the need for co-CEOs and have suggested that Cornell leave and Bongani Nqwababa be retained, noting that Cornell has been more involved in the Lake Charles project and is paid more than Nqwababa. See all stocks on the move » Now read: BP Plc: Not So Bad Under The Circumstances » Subscribe Show less Read more
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