Less than two years after taking on the role, BOC Kenya’s Managing Director has resigned.
In a statement released yesterday, BOC Gases announced a change to the Board of Directors of BOC Kenya Limited and revealed Millicent Onyonyl had resigned with effect from 30th April 2018.
“As a key member of the Board, Onyonyi helped to steer the company through challenging times and set it up on a path for future improved performance. Her breadth of experience, insights and leadership style will be missed by the Board and staff of BOC,” the statement continued.
It also said her replacement would be announced in “due course upon appointment by the Board of BOC.”
In November last year, the company, which is a member of The Linde Group, issued a profit warning for the full year ending December “primarily due to a lower level of sales due to depressed business activity and a credit adjustment made in prior year following a review of the methodology adopted by the company in estimating stock obsolescence allowances.”
Speaking at the time, Onyonyi said, “The Board of Directors of the company projects that the company’s net earnings for the current financial year ending on 31st December 2017 may be at least 25% lower than the level of earning in the previous financial year, 2016.”
BOC, a member of The Linde Group, and Redkite, a charity that supports children and young people throughout the entire cancer journey, are celebrating their long-term partnership which has spanned two decades and raised almost $2m.
Month on month the gasworld website continues to be the primary portal for information, on a global scale, about our industry - be it through the provision of news and features, or information in the expansive company directory section. Launched in 2004, it is the only independent online news provider and information portal for the global industrial gas community and the larger end-user markets. The website also now incorporates news for gasworld US and Specialty Gas Report.
To find out more about gasworld's advertising opportunities click here.