EOH boss pledges continuity
New CEO has assured investors successful strategy will not change
EOH’s new CEO, Zunaid Mayet, has assured investors it will be business as usual with no immediate plans to change the group’s strategy that has made it one of the best-performing technology stocks. Mayet replaced EOH founder Asher Bohbot, who stepped down at the end of June. The announcement of his departure, especially the short notice period, sent shock waves through the market and resulted in a significant drop in the share price. However, Bohbot will rejoin the company in 2018 as a nonexecutive director. Mayet, who has been with EOH for eight years, has been part of the team driving the group’s successful growth. "There are a lot of aspects that I want to continue with. We have philosophy in our organisation that has underpinned everything that we do … our mantra is [getting it] right first time," he said. Mayet said the group would continue to create solutions that were relevant to its customers while ensuring it operated to its full potential. This would include identifying ne...
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