Nation Media Group CEO Stephen Gitagama has retired.
A notice by NMG Board Chairman Wilfred Kiboro announced his retirement saying it will take effect from August 1, 2024.
“The Board hereby announces the retirement of Mr. Stephen Gitagama as the Group Chief Executive Officer and Executive Director of the Company with effect from 1 August 2024,” the notice stated.
The board at the same time announced the appointment of Richard Tobiko as the interim CEO with effect from August 1, 2024.
Gitagama joined NMG in September 2007 as Group Finance Director and served until June 2018, when he was promoted to Group Chief Executive Officer.
He has also served as an Executive Member of the Board of Directors since March 2008.
Gitagama was also a Director of the Group’s Subsidiary Companies and a member of the company’s Strategy and Investments Committee and the Nominations and Governance Committee.