Gtext Holdings gets 7 CEOs as founder steps down as Group CEO

Akintayo says founders don't need to get old and frail before entrusting businesses to their mentees. Dr. Stephen Akintayo, the industrial giant Gtext Holdings' founder, has resigned as the organization's group chief executive officer (CEO). Akintayo made the announcement on Saturday, November 18, 2023, in Lagos during a press conference. He claimed that seven recently hired CEOs have taken over the company's operations to manage its subsidiaries in an effort to run the business more effectively. Akintayo gave an explanation for his resignation as Group CEO, stating that the company needed to bring in someone with global institutional funding understanding.