EOH announced today its intention to split the roles of chairman and chief executive officer (CEO) with the appointment of Dr Mathews Phosa as non-executive chairman to the EOH board of directors.
In line with EOH`s black economic empowerment (BEE) and transformation plan, which includes a short-term intention to sell an equity stake of 25% to a BEE partner, Phosa will play a leading role in realising EOH`s BEE strategy.
"Today, BEE has been elevated to an economic driver," says Phosa. "I hope to actively assist EOH in its transformation and empowerment process as well as getting involved in business development."
A former Mpumalanga Premier, Phosa resigned his seat in Parliament in 1999 and pursued a successful career in business. Prior to his appointment to the EOH board, Phosa held the position of non-executive chairman at Atos KPMG Consulting, an organisation recently acquired by EOH.
Phosa currently holds chairman, vice-chairman and board member duties for over 10 prominent companies, including the Vuka Alliance, Value Logistics and Command Holdings.
Commenting on the new appointment, Asher Bohbot, CEO of EOH, said: "Following regulatory approval for the acquisition of Atos KPMG Consulting earlier this month, it was natural for us to approach Mathews.
"He brings exceptional business acumen to our organisation. Mathews has a wide understanding of the private and public sector and is very knowledgeable in the areas of business development, corporate governance, transformation and empowerment. His experience and leadership ability will be of great benefit to EOH," says Bohbot.
"EOH has a strong management team and I look forward to becoming part of its leadership driving the business forward," concludes Phosa.
Share
EOH is a leading business solution provider that aims to build lasting information technology partnerships with medium to large companies. Through its strategic business units, which includes EOH Strategic Solutions, EOH Business Systems and EOH Outsourcing, the company aims to provide a complete offering of products and services. EOH Business Systems, which consists of a number of independent subsidiary companies aim to sell, implement and support a wide range of extended enterprise business applications. These companies include: Axia Business Solutions, Enterprise 21 Solutions, ESP Solutions, Futuristix, Impact Africa, J-Enterprise and Softworx. With a presence in all major centres in SA and operations in Africa, Mauritius, Middle East and Australia, the company is listed on the JSE Security Exchange SA under the symbol "EOH".
Additional information is at http://www.eoh.co.za.
Editorial contacts