Stephen van Coller’s performance as CEO at EOH analysed

[mylesillidge]

EOH CEO Stephen van Coller must show gains after the pain

When Stephen van Coller was appointed as the chief executive of EOH, his mandate was simple — create value by growing EOH and creating jobs.

However, faced with the challenges of corruption and high debt, he shrunk the company by selling profitable businesses and cutting staff.

 

[freematrix]

Well if you take his performance chart and turn it upside down, it will look super impressive.

 

[supersunbird]

Well if you take his performance chart and turn it upside down, it will look super impressive.

The same with his predecessors performance (after 2015).

 

[supersunbird]

How many times is MyBB going to rehash this article?

One former EOH executive said the biggest winners under Van Coller’s leadership were him, his management team, and the banks. The biggest losers were shareholders and staff.

As I said in the previous thread, I hope this former EOH executive has a problem with the pre 1 Sept 2018 share price drop of 80% too, and doesn't think shareholders didn't lose out then.

 

[Fuzzbox]

The previous share price was based on lies.
Once he took over he uncovered all the corruption.
Now I dont think the share price would have done anything but fall based on the findings.

 

[Botha22]

"EOH CEO Stephen van Coller must show gains after the pain" -
From a previous article - "EOH CEO Stephen van Coller’s salary package increased by 26% over the last year — from R11.6 million in 2020 to R14.5 million in 2021". Massive gains indeed.

 

[cda]

Duh, he was installed by the banks to wind it down and make sure they dont wind down along with it.

All institutional investors had already started the sell off before the old chair left.