Why Seplat’s CEO, Roger Brown Stepped Down From Position

Following the order of a Federal High court in Lagos, the Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from office.

Roger Brown was restrained by the court from further parading himself as the firm’s CEO, pending the determination of a suit aggrieved stakeholders of the company filed against him and others.

The aggrieved stakeholders accused Roger Brown of racism, favouritism for expatriate workers, discrimination against Nigerians, and breach of the good governance code.

According to a statement issued on Friday by the board chairman of Seplat, Basil Omiyi said Roger Brown has delegated his authority to Samson Ezugworie, the chief operating officer of the company.

According to the statement, Ezugworie will continue to act as CEO during the period that Brown is required to step back from his executive duties.

“Seplat Energy Plc reports that on March 9, 2023, it was served with court processes and ex-parte interim order of the honourable Justice C. J. Aneke of the federal high court, Lagos, Nigeria, restraining the chief executive officer, Mr. Roger Brown from participating in the running of the company [for a period of seven days],” the statement reads.

“The interim orders are premised on allegations of unfair, prejudicial, and offensive acts by the chairman, CEO, and all of the independent non-executive directors (INEDs) of Seplat Energy.

“The allegations include that the CEO organised a site visit for a number of its major shareholders to the company’s operations, cancelled some catering and landscaping contracts, and introduced a new job performance rating.”

In other news, Kanyi Daily reported that Nollywood actress, Kate Henshaw has advised the government on how to avert trailers going over and falling on people.

Taking to her official handle on Friday afternoon, Kate Henshaw in a tweet asked the government to put barriers over flyovers.