Two of EOH Holdings’ most senior executives have resigned. Zunaid Mayet, a former group CEO and most recently CEO of Nextec, and Rob Godlonton, the CEO of EOH’s ICT business, have quit with immediate effect.
Non-executive director Pumeza Bam has also resigned from the board and various other EOH subsidiary boards and trusts, EOH said in a statement after markets closed in Johannesburg on Monday. Bam serves as an executive director of EOH for seven years and as non-executive director for the past two years.
All three left EOH effective Friday, 12 July, the group said, without providing reasons for their resignations. The departures come just a day before EOH will release the findings of an independent probe into alleged corruption involving the group’s contracts with public sector entities. However, EOH said the executives were not implicated in the report.
Mayet has been at EOH for the past decade and had replaced co-founder and former CEO Asher Bohbot in the top leadership position of the company before being moved to head up Nextec, a new company in the group that focuses on growth areas in the ICT sector.
“He has been involved in driving the new strategy which included the creation of Nextec and setting the wheels in motion for an enhanced governance process,” EOH said in Monday’s statement. “To ensure a smooth transition, Zunaid will assist with the handover of Nextec by 31 October 2019. He thereafter intends embarking on a new entrepreneurial venture.”
Godlonton, meanwhile, was an executive director and CEO of the ICT business and has relinquished this role and his participation on various EOH subsidiary boards.
“Rob has been at EOH for over 11 years and has been leading the EOH ICT business in South Africa with energy and dedication. To ensure a smooth transition, Rob will assist with the handover of the ICT business by 31 October 2019,” EOH said.
EOH Holdings CEO Stephen van Coller and financial firector Megan Pydigadu will assume a care-taking leadership role for the ICT and Nextec business units on an interim basis. — © 2019 NewsCentral Media