{"id":511764,"date":"2023-10-18T09:38:54","date_gmt":"2023-10-18T07:38:54","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=511764"},"modified":"2023-10-18T09:58:48","modified_gmt":"2023-10-18T07:58:48","slug":"eoh-ceo-stepping-down","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/511764-eoh-ceo-stepping-down.html","title":{"rendered":"EOH CEO stepping down"},"content":{"rendered":"

EOH Holdings CEO Stephen van Coller will step down in March 2024, the company announced<\/a><\/strong> alongside its annual results for the year ended 31 July 2023.<\/p>\n

Van Coller was appointed CEO on 3 September 2018, and he is credited with cleaning up much of the corruption at the group during his tenure.<\/p>\n

“Over the last five years, Stephen has successfully led the EOH Group through a complete restructure and turnaround with a focus on saving jobs, deleveraging the balance sheet and the implementation of world class governance systems,” said EOH.<\/p>\n

During the 2022\/23 financial year, he led a recapitalisation of EOH’s balance sheet through a rights offer.<\/p>\n

“During the last financial year, EOH has been able to focus on growth and now operates as a normal company with the majority of its legacy issues having been resolved,” the group said.<\/p>\n

Van Coller has agreed to extend his five-year contract by another six months to 31 March 2024, when he will retire from the board of directors.<\/p>\n

He will remain available to the board after 31 March 2024 if required to help with a seamless leadership transition and the completion of any outstanding projects requiring his input.<\/p>\n

“The Board expresses its gratitude to Stephen for his invaluable contribution to the sustainability of the company and wishes him well for his next chapter,” said EOH.<\/p>\n

Other executive changes include the appointment of Marialet Greeff as interim chief financial officer from 1 November 2023.<\/p>\n

Greeff, who holds a chartered accountant qualification, will replace Megan Pydigadu.<\/p>\n

The company has also shifted Fatima Newman, former chief risk officer, to group executive of EasyHQ. She will remain on the board as an executive director.<\/p>\n

EOH has started searching for a permanent replacement for Van Coller and Pydigadu.<\/p>\n

“To ensure business continuity the Board has secured commitment and tenure for four-year periods with each of the heads of the group’s respective operational businesses, namely Marius de la Rey, Brian Harding and Fatima Newman,” EOH stated.<\/p>\n

\n

Now read: Amazon announces South African launch<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Stephen van Coller has extended his contract for six months but will leave EOH next year.<\/p>\n","protected":false},"author":341076,"featured_media":467163,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[6428,90100,55940,37913],"class_list":["post-511764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-eoh","tag-marialet-greeff","tag-megan-pydigadu","tag-stephen-van-coller"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/511764"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341076"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=511764"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/511764\/revisions"}],"predecessor-version":[{"id":511774,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/511764\/revisions\/511774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/467163"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=511764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=511764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=511764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}