Douwenga quits as Metair CEO, cites health reasons

Douwenga quits as Metair CEO, cites health reasons

Douwenga quits as Metair CEO, cites health reasons 271 271 Batteries International

December 14, 2023: The CEO of batteries and automotive group Metair Investments, Sjoerd Douwenga, is resigning for undisclosed health reasons.

Metair said on December 6 that Douwenga (pictured) had taken the difficult decision to resign effective January 31, 2024. The group said it had already begun a search for a successor, although Douwenga would remain available until the end of March to help ensure an orderly handover.

Metair said the board understood Douwenga’s reasons for leaving and wished him the best.

Douwenga, a former CFO of the group, was announced as interim CEO last March following the resignation of Riaz Haffejee. Douwenga was permanently appointed to the post in May.

After qualifying as a chartered accountant in 2003 he spent eight years in the company’s deals division. He started working with Metair in 2011 during the Rombat acquisition and was appointed business development director at First National Battery in 2013 and later CFO in 2014, which year he joined the board.

In the interim before his successor’s appointment, the group said it would continue to be run by a “stable, experienced and skilled” leadership team.

Metair’s energy storage division includes Turkey’s Mutlu Akü lead battery business, Romanian lead and lithium company Rombat and South Africa’s First National Battery.