EOH, a prominent technology group, has announced the commencement of a search for a new group CEO and CFO as part of its efforts to redefine its trajectory after a period marred by scandals.
- Stephen Van Coller, the current group CEO, has extended his contract by six months, providing continuity during the transition period. An interim CFO will be appointed from November to oversee financial operations until a permanent CFO is selected.
- The roles and key performance measures for the CEO and CFO positions have evolved, aligning with the resolution of various legacy issues that the organization has faced.
- The incoming CEO will face the challenge of rebuilding and strengthening EOH’s relationship with the public sector, a crucial aspect of the company’s future growth strategy.
- EOH emphasizes the importance of independent journalism and encourages readers to support BusinessLIVE’s subscription packages, which offer an ad-free experience.
- The technology group aims to move past its troubled past and redefine itself as a normal business, focusing on growth opportunities both within South Africa and internationally.
- EOH recently concluded a successful R600 million rights offer to reduce its debt, demonstrating its commitment to financial stability and resilience.