EOH CFO resigns
has resigned. She will leave the JSE-listed IT services group in three months’ time, at the end of October.said Pydigadu is “taking up a position at a large South African company”. It didn’t specify which one, or which role she’ll be in.
“Megan has committed to close out the 2023 year-end audit and will therefore remain at EOH until 31 October,” it said.“The board of directors has accepted the resignation and has started a process to identify an appropriate replacement… The board would like to thank Megan for her dedication and commitment over the past few years and the critical role that she has played in the restructuring of EOH and guiding it through an extremely challenging period in the company’s history.
EOH CEO Stephen van Coller said: “As group finance director, Megan has played a crucial role in rescuing EOH from the position it was in when she joined over four years ago. Her support, exemplary leadership and hard work during this journey have been invaluable.”EOH earlier this year completed a successful rights offer, aimed at shoring up its balance sheet. Its share price has fallen by 69% in the past year, in part because of the dilutionary impact of the rights issue. It closed at R1.
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