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THE STANDARD By
Wainaina Wambu |
March 16th 2021 at 15:41:06 GMT +0300
Listed battery distributor Eveready East Africa has announced management changes with the exit of managing director Margaret Odhiambo after a three-year stint.
The Board appointed Thomas Masaki as acting managing director pending the appointment of a substantive MD. The firm’s Board said that Ms Odhiambo, only one of the seven female CEOs in the NSE, had played an integral part in implementing Phase 1 of the Company’s recovery strategy under its strategic plan 2018-2022.
“In her tenure, the company has recorded tremendous organic growth in its new growth drivers and through it achieved consistent year on year improvement in the company’s bottom-line decision. The Board wishes to thank Margaret for her service over the past 12 years,” said the Board.