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EOH's Stephen van Coller heads for the exit after stabilising business, reducing loss by 68%

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EOH CEO, Stephen van Coller, said the company achieved a stable cash generative position six-months ahead of time.
EOH CEO, Stephen van Coller, said the company achieved a stable cash generative position six-months ahead of time.
Lerato Maduna

Information and communications technology group EOH said its chief executive officer, Stephen van Coller, has agreed to stay at the helm for another six months to end March 2024, at which time he will retire from the company. Shortly after he joined the group in September 2018, EOH exposed corruption scandals and mainly state contracting irregularities from previous management practices.

EOH will also be filling the chief financial officer's position as the incumbent, Megan Pydigadu, will also be leaving at the end of October. Marialet Greeff has been appointed interim chief financial officer. 

While Van Coller is not available for the job beyond March, he will be available to help smooth the leadership transition "and the completion of any outstanding projects that require his involvement", said the board, chaired by Andrew Mthembu since June 2019.

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