What Twiga Foods CEO leave means

Twiga Foods CEO Peter Njonjo. FILE PHOTO | NMG

Founder departures make good fodder for corporate gossip. That is why despite the fact that Thursday’s public statement by the board of directors of Twiga Foods only announced that the founding CEO, Peter Njonjo, was proceeding on a six-month sabbatical leave, pundits were widely interpreting the announcement as the opening salvo to an unfolding founder transition at one of Kenya's most celebrated tech start-ups.

The board announced that leadership will be shared during Mr Njonjo's leave between the chief operating officer, Laurent Gouault, and CFO, Zuber Momoniat.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.