A group claiming to be former employees and shareholders going under the name “Save EOH”, all of them anonymous, have accused CEO Stephen van Coller of destroying shareholder value.
Browsing: John King
The results for the financial year to July 2021 released on Thursday may give the optimists something to cling to.
John King, the former chief financial officer of EOH Holdings who was being sued by the company for R1.7-billion in damages, has died.
The news this week that the State IT Agency is pressuring national treasury to ban government from doing business with JSE-listed IT services group EOH Holdings makes no sense.
EOH Holdings could soon be blacklisted by from doing business with government – if the State IT Agency (Sita) gets its way. This follows the public sector corruption scandals uncovered at the group in recent years.
EOH said on Tuesday that the civil suits against several of its former directors mark a “significant milestone” in holding those responsible for the governance failings that took place at EOH accountable.
Exclusive | EOH Holdings is suing its co-founder and former CEO, Asher Bohbot, and its former chief financial officer, John King, for R1.7-billion in damages each. It is also pursuing several other former executives.
EOH Holdings said on Friday that it has appointed Megan Pydigadu as its new group financial director, replacing the long-serving John King, who is stepping down.
EOH Holdings financial director John King has resigned. King announced his decision to leave the business at the group’s annual results presentation in Sandton on Wednesday.
EOH founder and nonexecutive chairman Asher Bohbot said on Wednesday that the JSE-listed IT services group was caught up in the “war” over state capture in South Africa. Speaking to investment analysts and