End Of An Era For Bob Collymore As He Exits Safaricom In August
Safaricom CEO Bob Collymore will leave the company in August, Reuters has reported.
The CEO will leave over health issues, that saw him take a nine-month leave in 2017.
There is no official communication from the company, but it is reported that the company has refused to extend his contract.
“He wants to concentrate on his health so he did not wish to renew his contract,” said one of the staffers, speaking on condition of anonymity as there has been no official announcement.
Collymore told Reuters on Monday he was still in discussions with the board, adding it would make announcements on the chief executive position at a later date.
“I have every confidence that whether I’m here or not, that this company will run … This is an institution. It is not a company which is just ran by a single person,” he said.
It is alleged that a succession row is ensuing, with the government insisting that the next CEO should be Kenyan.