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The Africa Daily Post > Business > Seplat CEO quits, COO takes over
BusinessNews

Seplat CEO quits, COO takes over

Adekunle Owolabi
By Adekunle Owolabi Published March 11, 2023 1 Min Read
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Roger Brown, the CEO of Seplat Energy PLC, has stepped down from his position due to a Federal High Court order in Lagos which restrained him from acting as CEO until a lawsuit filed against him by aggrieved stakeholders of the company is determined.

The stakeholders had accused Brown of racism, favouritism for expatriate workers, discrimination against Nigerians, and breach of good governance. In response, Seplat Energy said that Nigerians had been appointed to the company’s most important positions since Brown became CEO in 2020.

The court order was issued following allegations of unfair, prejudicial, and offensive acts by the Chairman, CEO, and all of the Independent Non-Executive Directors of Seplat Energy. Brown had delegated authority to the Chief Operating Officer, Mr. Samson Ezugwore, to act as CEO during his absence. The Ministry of Interior has also revoked Brown’s work permit, visa, and residence permit over allegations of racism and discrimination.

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Adekunle Owolabi
By Adekunle Owolabi
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Adekunle, a seasoned journalist renowned for his astute coverage of global affairs, has honed his craft across diverse newsrooms in Lagos, Johannesburg, and Abu Dhabi. Adept at navigating the complexities of political and international diplomacy, he consistently delivers insightful analysis and accurate reporting, earning him recognition as a trusted voice in the field
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