Guy Moretti resigns as Ellies Electronics CFO

CFO South Africa 08 March 2024

After two years in the role, Guy Moretti has stepped down as the CFO of Ellies Electronics, with immediate effect.

Ellies Electronics has announced that Guy Moretti has resigned as the company’s CFO, with effect from 8 March, to pursue other opportunities.

Guy joined Ellies in 2020 as a group financial manager. He was promoted to CFO in 2022.

Before this, he worked at Taste Holdings, holding the finance executive, supply chain executive and group financial manager roles, respectively. He previously held the CFO role at Tower Capital Management for two years, and Sovereignty Capital for three years.

Guy started his career as a trainee at Mazars South Africa, and later moved to African Bank where he worked as a group accountant. He later went on to serve as a financial manager for companies like Nando’s South Africa, Masazane Capital Holdings, and RAM Hand to Hand Couriers.

The company also announced the resignation of Darren Kramer as an independent non-executive director.

CFO South Africa

Much Asphalt FD secures nomination for the 2026 CFO awards

Much Asphalt financial director Tommie Koeries has been nominated for the 2026 CFO Awards, recognising his more than two decades of experience in finance and leadership.

06 November 2026

When intelligence becomes abundant, judgement becomes the differentiator

As AI takes on more analytical work, CFOs must rethink what makes their leadership valuable. Curiosity, critical thinking and sound judgement will become increasingly important in a workforce shared by people and AI agents.

05 November 2026

CFOs discuss the changing face of accounting over breakfast

From AI and coding to transformation and developing future finance leaders, CFOs shared their perspectives on how the accounting profession is evolving and what employers need to do to keep pace.

04 November 2026

Simbarashe Mudzengi joins Webber Wentzel as CFO

Simbarashe Mudzengi joins Webber Wentzel as CFO, bringing extensive financial leadership experience from Adcorp Holdings, Deloitte South Africa and EY.

03 November 2026

iOCO’s Ashona Kooblall turns disciplined capital allocation into 39% profit growth

iOCO CFO Ashona Kooblall and CEO Rhys Summerton have lifted profit after tax by 39%, expanded return on equity to 35% and strengthened cash generation. With recurring revenue above 60% and a disciplined approach to acquisitions, debt reduction and share buybacks, Kooblall is focused on sustainable growth and long-term shareholder value.

03 November 2026

The Retirement outcome every leader shapes

Retirement outcomes are built over decades, but the choices that shape them are often made by different people, in different institutions and at different points in an employee’s working life. New Old Mutual Corporate research gives CFOs a way to test whether the choices their organisations influence are turning employee-benefit spend into better retirement outcomes.

03 November 2026