Browsing: Stephen van Coller

EOH Holdings said it paid its former CEO, Stephen van Coller, an ex gratia amount of R15-million when he resigned in March.

EOH’s new senior leadership team has expressed confidence the firm can trade its way to a healthy balance sheet.

Marialet Greeff, who was appointed as chief financial officer of EOH Holdings in February, has resigned.

Following an approach from shareholders, EOH Holdings has made big changes to its board of directors.

EOH said on Friday that it has been approached by “certain shareholders” regarding a “succession plan for the board”.

EOH has reported its last set of results under its outgoing CEO, and they show a business under considerable pressure.

EOH has agreed to cough up R112-million with immediate effect, forcing the group to increase its borrowings.

Andrew Mthembu will hold the CEO reins at EOH on an interim basis until a replacement can be found for Stephen van Coller.

EOH Holdings has warned of tough trading conditions in a statement to shareholders.

EOH CEO Stephen van Coller will step down in March. By his own admission, the job was not what he expected it to be.