Powerspeed Electrical appoints new Deputy CEO

By Published On: September 28th, 2023Categories: Corporate announcement

Powerspeed Electrical Limited a leading supplier of electrical, hardware, building and DIY products, announced today the appointment of Terence Yeatman as its new Deputy Chief Executive Officer. In his new role, Terence will be responsible for leading the company’s strategic growth and development. He will also focus on improving the company’s customer service and operational efficiency.

A seasoned retail and finance executive with over 20 years of experience, Terence brings with him a proven track record of driving revenue growth, customer satisfaction and operational excellence to the role. His previous roles include senior leadership positions at SPAR Zimbabwe, Southsea Africa, Innscor Africa Limited and UK & SA organisations. He is also a graduate of the Sabre 1000-day CEO course and has studied economics, finance and marketing.

“We welcome Terence to our Executive team,” said Hilton Macklin, CEO of Powerspeed Electrical Limited. “Terence is a visionary leader with a wealth of expertise and passion for our industry. He will play a vital role in accelerating our innovation, expanding our market presence and delivering value to our customers and stakeholders.”

“I am honoured to join Powerspeed Electrical Limited,” said Yeatman. The company has a strong culture of retail excellence and innovation. I look forward to working with the Board and entire Powerspeed team to take the company to the next level of success.”

About Powerspeed Electrical Limited
Powerspeed Electrical is a leading supplier of electrical, hardware, building and home improvement products and services trading through its own chain of hardware retail outlets known as Electrosales Hardware.

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Powerspeed Electrical Limited (PWS.zw)

Share price: 15.00 US cents (0.00 | 0.00% – 04/12/23)

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