JSE-listed technology services group EOH Holdings said on Wednesday it had reconfigured its board and appointed CEOs of its two future subsidiaries, as it proceeds with a reconfiguration of its business model. Current EOH Holdings CEO Zunaid Mayet has been appointed chief executive of Nextec, while current executive director Rob Godlington will assume the leadership of the subsidiary EOH brand. EOH Holdings had said in March it intended to split its operations into two independent operations, with Nextec focusing on pursuing new "high-growth" industries requiring technical specialisation, while EOH will continue with its end-to-end ICT offering. The two subsidiaries will have their own specific brand identities, with the EOH brand currently generating about 55% of group revenue, while Nextec generates 45%. The creation of the two independent businesses is expected to be completed by August 1. EOH Holdings maintains the split will allow better management and simplification of busines...

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