This was announced by HCI's CEO on Thursday, following the high-profile exit of another executive.
(READ MORE: Chairman of S.Africa's HCI steps down)
Marcel Golding resigned as executive chairman of HCI and chief executive of its Sabido unit this week following a tussle with the board that he said was over editorial independence at South Africa's only free-to-air private broadcaster, a group company.
(READ MORE: Golding drags HCI to court)
The spat has raised questions and fueled debate about media freedom in South Africa.