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Kelly Group came under fire at its year-end results presentation on Tuesday for not disclosing how much former director and deputy CEO Mthunzi Mdwaba was paid in a settlement. The group reported its results for the year
Ousted Kelly Group director Mthunzi Mdwaba will have his say at disciplinary hearing on 22 September. Until then, sources say, he has been placed on paid leave. Mdwaba was stripped of his directorship and his position as deputy CEO of the Kelly Group, a recruitment and technology training business, last week. He was also suspended from the company “pending an investigation”.
In a surprising turn of events, Kelly Group has lifted the suspension Mthunzi Mdwaba. Less than a week after Kelly stripped Mdwaba of his directorship and suspended from the company, the group’s financial director Ferdie Pieterse released a memo to staff on Friday saying the suspension had been “lifted with immediate effect pending due process”.
Was the suspension of IT industry personality Mthunzi Mdwaba as deputy CEO and director of JSE-listed Kelly Group part of a power struggle between him and the company’s CEO? TechCentral has learnt that Mdwaba’s suspension may have been the result of a battle with Kelly’s CEO, Grenville Wilson.