Andre van der Veen quits as eMedia Holdings CEO after just a year, replaced by Khalik Sheriff.

Andre van der Veen is out as eMedia Holdings CEO after just a year, with the executive who had resigned effective from 20 November.

Andre van der Veen was appointed eMedia Holdings CEO from November 2017 and eMedia Holdings didn't bother to give any reason for his resignation.

Andre van der Veen will be replaced by Khalik Sherriff who has been deputy CEO.

eMedia Holdings that is listed on the JSE, owns 67.7% of eMedia Investments.

eMedia Investments runs broadcaster e.tv, the TV news channel eNCA (DStv 403) on MultiChoice's DStv satellite platform, the struggling and still unprofitable Openview free-to-air satellite platform that recorded a net operating loss of R367 million in the financial year to 31 March 2018, and the YFM radio station.

Trying to put a positive spin on Andre van der Veen's quitting and Khalik Sheriff's appointment, eMedia says in a statement that Khalik Sheriff "has worked in the media industry for more than 25 years".

"He is the most experienced television executive within eMedia Holdings, having been with the group for more than 15 years and has been responsible for revenue and the success of the company’s dynamic sales team".

"Khalik’s extensive knowledge of the changing South African media industry will continue to be of immense value as he takes over the reins from Andre," says eMedia Holdings in its statement.