Gachwe, who is a director of the family owned company, takes over after the former MD Dan Githua was dramatically evicted from office early this week by the family’s grandchildren.
In an apology in the dailies, Chairman Dr John Kago says despite the incident that went viral on social media, Tuskys operations have not been affected.
“As Tuskys Board we assure you that operations have not been affected in any way and are currently addressing issues internally. Director George Gachwe has been appointed by the Board as Managing Director in the meantime,” Kago said on Saturday.
The ousted Githua was the first non-family chief executive for the first time in its 25-year history.
But on Tuesday, Githua was escorted out of his office by relatives of the directors in a dramatic scene that was captured on video. The video shows a handful of people storming Githua’s office, demanding he leaves the office “never to return to the company.”
“We note with regret the incident that occurred last Tuesday at out Head Offices in Embakasi and unreservedly apologize to you, our customers and all our shareholders, for the embarrassment this caused,” Kago said.
A letter terminating the services of Githua written on January 22, 2016 states Githua breached his employment contract by being a majority shareholder of Artemis Africa Limited, which provides staff outsourcing services to Tuskys Supermarket.
Githua appointment was the initial step by the company to join the Nairobi Securities Exchange (NSE) in five years time, which now remains unclear whether this will actually materialize.