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Standard grp..KTN- Paul Melly Sacked
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murchr
#1 Posted : Tuesday, July 24, 2012 8:03:13 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Standard Group CEO, Paul Melly was over the weekend relieved off duties. Melly has been the CEO at the Mombasa road company ever since its steady decline. Its TV station, KTN, has within the period of a few years lost its market share to Citizen and NTV, among others. This is despite its numerous re-branding. It has always been rumoured that Paul Melly was being watched closely by the board. However, over the years, he has been retained in anticipation that he would turn things around. This is despite the constantly reducing profit margins.

RINK

CHANNA RESIGNS
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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FancyFace
#2 Posted : Tuesday, July 24, 2012 8:20:56 AM
Rank: Member

Joined: 7/31/2009
Posts: 743
perhaps MA of jicho was the last straw, it was loooong overdue, good riddance to bad leadership from baul...

Problems can get out of proportion, and not only in the wee small hours. Don't let the problems eclipse the Master. Let the Master eclipse the problems.
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McReggae
#3 Posted : Tuesday, July 24, 2012 9:13:37 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
...this guy has alway looked incompetent with zilch leadership qualities, good riddance!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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MaichBlack
#4 Posted : Tuesday, July 24, 2012 9:17:33 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
McReggae wrote:
...this guy has alway looked incompetent with zilch leadership qualities, good riddance!!!

I have always wondered how he got the job. Never got an answer, so anyone who can explain, kindly do!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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dossy7
#5 Posted : Tuesday, July 24, 2012 9:23:48 AM
Rank: Elder

Joined: 12/9/2009
Posts: 1,493
Location: Nairobi
At one point KTN was the station and all presenters were heading there way,then came Citizen with all the money and now its NTV.
Paul melley had really lost it,Jicho pevu was one of the best documentaries in KTN and now it is no more.
Kenya ni yetu sisi sote
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rock
#6 Posted : Tuesday, July 24, 2012 9:26:42 AM
Rank: Veteran

Joined: 2/25/2009
Posts: 973
I concurr it was long overdue,the man was incompetent..can somebody confirm the tribalism,corruption and sexual harassment allegations?
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Impunity
#7 Posted : Tuesday, July 24, 2012 9:28:45 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,334
Location: Masada
He was executive vice chair and not ceo!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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MaichBlack
#8 Posted : Tuesday, July 24, 2012 9:35:08 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
dossy7 wrote:
At one point KTN was the station and all presenters were heading there way,then came Citizen with all the money and now its NTV.
Paul melley had really lost it,Jicho pevu was one of the best documentaries in KTN and now it is no more.

Seriously, how do you lose Jicho Pevu??? You must be high!

Give the guys resources, let them concentrate on investigative journalism ONLY, pay them well enough (plus other incentives) and have them churn piece after piece of investigative journalism - Be the Exposé Station - Anything and everything caught on camera!!!

And you lose them to the same station??? They will just replicate the model! Bure Kabisa!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack
#9 Posted : Tuesday, July 24, 2012 9:41:03 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
Impunity wrote:
He was executive vice chair and not ceo!

He was BOTH my brother!

From The Horse's Mouth

Don't worry @Impunity. One day you will also hold two positions in the same company. It happens every day. Patience. Patience my brother.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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  | | Edit by user: Tuesday, July 24, 2012 9:44 AM | Reason: Not specified
FundamentAli
#10 Posted : Tuesday, July 24, 2012 9:45:51 AM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
Could it signal a change in terms of political reporting? The man is inclined too much inclined to one candidate. If his main boss has other ideas, he has to go. Remember, elections are around the corner
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