Standard Group Chief Executive Officer Chaacha Mwita will leave the media company on November 1, 2026, barely seven months after his appointment to the position.
The company announced his resignation in a notice signed by Company Secretary Catherine Kawira on behalf of the board. Mwita will also step down as an Executive Director.
Standard Group did not disclose the reason for his departure or name his successor.
“The Board takes this opportunity to express its sincere appreciation to Mr Chaacha for his dedication and invaluable contribution to the Company,” the notice stated.
Mwita was appointed substantive CEO effective April 1, 2026, after serving as acting CEO from July 1, 2025.
He took over the acting role after Marion Gathoga-Mwangi resigned, with her departure taking effect on June 30, 2025, after about a year in the position.
His exit comes amid other changes at the company’s board level.
On October 12, Standard Group announced that Non-Executive Directors Edward Mwasi and Dr James McFie had resigned, effective August 31, 2026.
The company has since appointed Anthony Ambaka Kegode, Tom Odongo and Elishah Njeru as Independent Non-Executive Directors. Their appointments took effect on October 15.
The changes come as the media group continues to deal with financial challenges. The company has recorded losses and faced difficulties raising new capital, with its proposed rights issue of about KSh1.5 billion suspended.
Outstanding government advertising bills have also affected cash flow across the media industry.
Standard Group operates The Standard newspaper, KTN Television and Radio Maisha, among other media platforms.
Mwita’s departure adds to a series of leadership changes at the company as it continues to navigate its financial and operational challenges.
