Safaricom announce Michael Joseph to serve as interim CEO after Bob Collymore's sudden demise - The Sauce
Connect with us

Hi, what are you looking for?


Safaricom announce Michael Joseph to serve as interim CEO after Bob Collymore’s sudden demise

Yesterday (1.07.2019) Safaricom CEO Bob Collymore died in his home leaving his family, friends and the nation at large in mourning.

This morning (2.07.2019) Collymore’s body was transported from Lee Funeral Home to Kariokor for cremation. And as earlier reported by The Sauce, Collymore’s sudden demise left the telecommunication corporation is distress without no clear leadership. Safaricom Board Chairman Nicholas Nganga addressed the members of the press said he could not give a lot of details of the burial and called for time to give the family time to prepare.did not give any information on the leadership of Safaricom but did make a plea for privacy and understanding for the family in the wake of the sad news. He said he could not give a lot of details of the burial and called for time to give the family time to prepare.

The Company Secretary Kathyrne Maudu released a statement informing the public that former CEO Michael Joseph would take over as interim CEO after the sudden death of Collymore. The statement read, “Following the passing of Chief Executive Officer Bob William Collymore on 1st July 2019, at a special board meeting of Directors …the Board resolved to appoint Mr. Michael Joseph as the interim Chief Executive Officer with immediate effect.Mr. Joseph will hold the position until the Board communicates in due course on a permanent appointment.”

A report on Collymore’s impact on telecommunication giant Safaricom indicated just how much impact he had on the local economy through his leadership at Safaricom. The Daily Nation reports, “When Bob Collymore joined Safaricom in November 2010, the company had just under 16 million subscribers; about eight million customers used M-Pesa and the firm was making Sh15 billion in net profit. The profit figure has grown fourfold in the nearly one decade that Mr. Collymore was the Safaricom chief executive. The most profitable firm in the region, which now generates annual revenue of about Sh240 billion, has fast become an essential aspect of its customers’ lives.”

A memorial service is set to be held later in the week.

Click to comment

Leave a Reply

Your email address will not be published.


Some More Sauce...


Kenyans on Twitter woke up to an explicit video that has since gone viral. In the video, a woman who is known on social...

Da Squeeze

Who remembers the time when sex was simple. Well, nowadays there are a lot of weird fetishes that we can’t even keep track of...


Ugandan TV journalist Simon Kaggwa Njala’s face has got to be one of the memed faces of 2019.   But how did this Ugandan...

Da Squeeze

Kenyan beauty Tanasha Donna Oketch recently opened up about her life. The 24 year old former radio presenter, musician and mother of one is...


The Free Mason society is known to be secretive and very private, but not anymore it may seem. The Freemason society based in Nairobi...

Da Squeeze

Kenya has a robust matatu culture and some people around the world love it. Award winning American singer and dancer Chris Brown yesterday (23.03.20)...

Da Squeeze

Is there a woman making your heart skip a beat? She might be a secret woman of your life.  Most women love, but they...


Ex Zimbabwean leader  Robert Mugabe was given a heroic state funeral on Saturday (14.09.19) and above all, he will be remembered for his great...