, NAIROBI, Kenya May 5 – Directors of Tuskys Supermarket have agreed to hire professionals to run over their business as they prepare to go public.
The directors have appointed Dan Githua as the Chief Executive Officer effective May 4, 2015 who will lead a team of professionals who are already heading various departments in the company.
Githua has worked at the firm as the head of Internal Audit for three years to the year ending 2012 and has also worked as a consultant for the board.
“We wish Githua well and we assure him of our support in executing his new responsibilities, “said Tusker Mattresses Board Chairman John Kago.
Speaking on his appointment, Githua said he is confident of leading the company through the next strategic phase running 2015- 2019.
“Tuskys family has agreed to take their business to Initial Public Offer. I will be leading that process that will also allow Tuskys employees to own shares, “Githua added.
The firm that has been hard hit by a family row, with members who are co-directors of the company fighting in court over mismanagement of the firm.
Last year, the firm was to take up management of three branches of Ukwala Supermarket but was barred by the competition Authority of Kenya based on restrictive practices.