Transmission Company of Nigeria Sacks CEO, Appoints Kast as Replacement

The board of the Transmission Company of Nigeria has fired its Chief Executive Officer, Don Priestman, and has appointed a new CEO to manage the firm.
The board of the TCN has approved the appointment of Mack Kast as the new Managing Director/CEO.
Although no official reason was given the termination of Priestman, sources at TCN that “internal wrangling, lack of cooperation and many other issues,” warranted the abrupt sacking.
Before his removal, Priestman, international expert, headed Manitoba Hydro International, the firm employed by the Federal Government to manage the country’s electricity transmission company.
A statement on Friday by the General Manager, TCN, Seun Olagunju, did not state why Priestman’s appointment was terminated but rather reeled out the qualifications of the newly appointed TCN boss.
Olagunju, in the statement said the “board of the TCN has approved the appointment of Mack Kast as the new Managing Director/CEO.
“The appointment of the new MD was approved during the fourth meeting of the board, held in the company’s headquarters, Abuja on Wednesday, December 18, 2013. By this appointment, Kast has replaced the former MD/CEO, of TCN, Mr. Don Priestman.”

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