Revealed! How Kalu Forced The Sun MD, Eric Osagie To Resign

+ Iheanacho Replaces Ukeh As Editor

Fresh facts emerged on Thursday why the erstwhile Managing Director/Editor-in-Chief of The Sun Newspaper, Mr. Eric Osagie was forced to resign his position by the Publisher of the newspaper and former Abia State Governor, Senator Orji Uzor Kalu.

The Pledge reliably gathered from a source that Osagie’s four year stint as MD of the paper was riddled with much highhandedness. He was said to be so abrasive that no one dare to call him to order. “He called the shot to suit his style regardless of whose ox was gored”, a source said.

The source further said Osagie made attempts to entrench and lord himself over anyone else and did not hesitate to ease out those who attempt to question his decisions.

“Osagie was lord while he held sway. His style was autocratic and dictatorial. Instead of being Chief in Council, he was Chief and Council. His resignation is a relief to The Sun family,” the source added.

Osagie, The Pledge learnt, made attempts to convince Sen. Kalu to renew his term for another four years, but the later was not too comfortable with his style of managing the company.

“Don’t forget that under Osagie’s management style, the office of the Deputy Managing Director was curiously abolished. It was seen as an attempt by him to entrench himself in office since there will no one to replace him in case of any eventuality.

“He was given two options by the Board; to either resign or be forced out. He chose to resign,” the source said.

The Board however thanked Mr. Osagie for his immense contributions to the growth of The Sun in the last four years as chief executive officer, and assured him that his place in the history of The Sun’s evolution is assured.

“Under Osagie’s tenure, the company witnessed phenomenal growth as salaries and emoluments were promptly paid, even under harsh economic climate.

His tenure also saw to the relocation of the editorial and business departments, to a brand new city office in Ikeja.

In his letter, Osagie said he was leaving The Sun fulfilled.

According to him, “it is with utmost gratitude to you for the opportunity to serve in the executive management position in the past nine years, four of which was as managing director. “I am leaving confident the company will continue to wax stronger, growing from strength to strength. Even as I bow out, I want to believe I will continue to be a member of The Sun family. I will continue to contribute my quota to the growth of this exceptional and vibrant brand.”

Meanwhile, the Board of Directors has also approved the appointment of Iheanacho Nwosu as the Editor of the paper to replace Mr. Onuoha Ukeh, who has also been elevated as the new Managing Director to replace Osagie.

Iheanacho until his appointment was the Bureau Chief, Nation’s Capital.

The board according to reports, also approved other appointments which includes, Adetutu Folashade-Koyi (Editor, Nation’s Capital); Beifoh Osewele (Deputy Editor, News) and Willy Eya, Politics Editor. The appointments take effect immediately.

The new editor is coming with wide range of experience. He was at various times the Political and News Editor at the Champion Newspapers and was the head of the Sun Newspapers Abuja Bureau, Iheanacho distinguished himself with exclusive stories and using his extensive contacts to give the newspaper an edge in news reportage.

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