MeyerPlc appoints Engr. Goodwill Sunday Asade as new MD/CEO

Meyer Plc has appointed Engr. Goodwill Sunday Asade as its new Managing Director/Chief Executive Officer, effective March 3, 2026. The Board expressed confidence in Asade's capacity to steer the company's strategic objectives following improved profitability and revenue growth. His appointment comes after the company reported a 61% increase in pre-tax profit to N737 million for 2025, driven by increased demand for its paint products. Asade brings over three decades of cross-functional expertise in operations management, procurement strategy, and business transformation from roles at Cadbury Nigeria Plc and A.G. Leventis (Nig.) Plc. The Board formally communicated the appointment to Nigerian Exchange Limited (NGX), shareholders, and the investing public. Will this leadership change help Meyer Plc consolidate its growth trajectory and return to previous peak profitability levels?

SOURCE: https://nairametrics.com/2026/02/27/meyer-plc-appoints-goodwill-asade-as-md-ceo/