Meyer Plc has appointed Goodwill Sunday Asade as its new Managing Director/Chief Executive Officer.
The appointment was disclosed in a statement signed by Kalu O. Kalu of Marriot Solicitors on Friday.
His appointment will take effect from 3 March 2026, as the company positions itself for continued growth and enhanced stakeholder value.
The announcement signals a leadership transition at the paint manufacturing company following the release of its 2025 financial results.
The Board expressed confidence in Asade’s capacity to steer the company’s strategic objectives. His appointment comes at a time when Meyer Plc is reporting improved profitability and revenue growth.
The company said the appointment has been formally communicated to the Nigerian Exchange Limited (NGX), shareholders, and the investing public. The Board noted that Asade brings significant experience that aligns with the company’s long-term strategy.
“Meyer Plc (Meyer or the Company) hereby informs Nigerian Exchange Limited (NGX), its shareholders, and the investing public of the appointment of Engr. Goodwill Sunday Asade as the Managing Director/Chief Executive Officer, effective from 3rd March 2026.”
The Board added that it is confident Engr. Asade will bring a wealth of experience to drive the Company’s strategic objectives and enhance stakeholder value.
